Sir,

You may not know it but you have a group of dubious people who are investing your money each year and losing millions.

I raise this issue because I asked Regional Councillor, Jane Nees, why they were continuing to pour money into the 'Empty Bus Company”. She said it was an investment!

For example, last year it cost $9.3 million to run the Tauranga buses. Passengers paid only $2.8 million that year, 33 per cent.

We paid $6.5 million to subsidise this disgraceful failure.

If our investment managers lose $6.5 million, we should fire them. You should know, they have lost Bus Money every year for twelve years, totalling over $50 million. That amount of loss should have them in court, charged with dereliction of duty to us.

Ken Evans, Tauranga