If there’s going to be an investigation . . .

Labour  is asking the Auditor General to investigate KiwiRail’s tendering and procurement process for rail wagons.

If there’s going to be an investigation into KiwiRail it ought to cover Labour’s decision to pay nearly $700 million for the business in 2008.

The sale of the century for the previous owners Toll Holdings has left the government – and the public of New Zealand – with a very expensive liability.

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3 Responses to If there’s going to be an investigation . . .

  1. Gravedodger says:

    Would be very interested in Sir Micheal Cullen’s evidence to such an inquiry as to how he justified that brain explosion when most thinking business minds saw a situation where the bits of toll NZ he purchased were valued at around 200 million tops.

    • Roger says:

      Correct GD. Toll Holdings didn’t leave a massive liability, Sir Michael Cullen, completely unbidden by anyone bought a huge liability. If he hadn’t offered to buy it the Toll would have been left with it.

  2. Perhaps the investigation could also include union practices and how certain savings were rendered impossible, and could also include an examination of the redundancy payouts of long-serving union representatives compared to ordinary workers.

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