Otago Daily Times

Peters renews criticism of Shipley

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WELLINGTON: Deputy Prime Minister Winston Peters has renewed his attack on former National prime minister Dame Jenny Shipley in the wake of a court ruling on the collapse of the Mainzeal constructi­on firm.

Dame Jenny and other Mainzeal directors were ordered by the High Court to pay combined compensati­on of $36 million to Mainzeal creditors.

Mainzeal went into receiversh­ip and liquidatio­n in February 2013, owing unsecured creditors about $110 million. It was found to have traded while insolvent for nine years.

Mr Peters, speaking to reporters from Fiji, where as Foreign Minister he is leading a delegation of MPs and ministers, was asked what the Government was doing about Dame Jenny remaining on highprofil­e boards.

‘‘What are you journalist­s going to do about it?,’’ he responded.

‘‘I’ve been telling you for years . . . about this person’s incompeten­ce and the incompeten­ce of a number of National Party people to actually understand business or to represent our country properly.

‘‘I’ve told the public for decades what’s wrong and here you’ve got a screaming example of it,’’ Mr Peters said in com

ments broadcast by 1 News.

Radio New Zealand reported yesterday that sources had told it Dame Jenny’s role on the executive board of the New Zealand China Council had already been discussed among senior Cabinet ministers following Tuesday’s High Court ruling.

Prime Minister Jacinda Ardern was also asked yesterday what the Government would do about Dame Jenny’s position on highprofil­e boards.

‘‘It would very much depend on which boards you might be referencin­g,’’ she told reporters.

Ms Ardern declined to comment further while an appeal might be under considerat­ion.

Mr Peters’ attack on Dame Jenny was his second in as many weeks.

He made similar comments

last week after an article appeared in China’s People’s Daily under her byline which compliment­ed China on its reforms and the Belt and Road Initiative.

When asked by reporters to comment on the article, Mr Peters questioned her credential­s to chair the China Constructi­on Bank NZ and he referenced the BNZ crisis of the early 1990s when she and he were both in the National Party.

‘‘It is actually extraordin­ary that some who has so little knowledge of banking, for example, should be in the secondbigg­est bank in China,’’ Mr Peters said at Parliament.

Dame Jenny later denied she was the author of the opinion piece but Mr Peters did not backtrack on his comments.

 ??  ?? Dame Jenny Shipley
Dame Jenny Shipley
 ??  ?? Winston Peters
Winston Peters

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