New Zealand Government accused of hiding mis-management of costs in delayed multi-billion ferry contract
From the New Zealand Herald today: Greater Wellington Regional Council chairman Daran Ponter says KiwiRail “must be s***ting themselves” over the escalating cost of portside infrastructure needed for Cook Strait’s new mega ferries. Finance Minister Nicola Willis has revealed the potential cost to the taxpayer is now “many times” what the Government initially signed up to. “The financial situation of this project is extremely troubling,” she said. The matter appears to have been considered so pressing that Willis met with the state-owned enterprise’s top brass about it before she was even sworn in as the Finance Minister, the Herald can reveal. KiwiRail is … Continue reading New Zealand Government accused of hiding mis-management of costs in delayed multi-billion ferry contract
