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New Zealand First will use its influence on the next coalition Government to buy back our state-owned power companies which are being flogged off by National.
Winston Peters says New Zealand First is committed to buying back the shares at no greater price than paid by the first purchaser.
“State-owned assets rightfully belong to all New Zealanders but National is intent on handing them over to rich foreign investors.
“It is simply lining the pockets of the wealthy by selling off well-performing assets that already provide the Government with extremely healthy dividends.”
Mr Peters says it is only fair to alert potential investors that New Zealand First’s intention to buy back the shares will be part of any coalition negotiations.
“As things stand now, the assets will end up in foreign ownership which is an outright attack on our sovereignty. We are committed to repelling that attack.”
Source: NZ First
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Posted on 21-06-2012 16:04 | By POCO O POCO
One problem here where will Winston get the money from because it will all have been spent by the time (if ever)he gets his hands on the power throttle again.How will the 2nd and 3rd purchasers of the shares be dealt with.Frankly it is simply woolly thinking yet again. He hasn’t thought it through he is just posturing and polliticking. The time to deal to it is now !!!