Ignore Winston’s paranoia over Silver Fern Farms sale

act-new-zealand

Tue Sep 20 2016 12:00:00 GMT+1200 (New Zealand Standard Time)

Ignore Winston’s paranoia over Silver Fern Farms sale

Tuesday, 20 September 2016, 3:23 pm
Press Release: ACT New Zealand

Winston Peters’ call for intervention over the partial sale of a private company proves he is unfit to be in Government, says ACT Leader David Seymour.

“It’s disturbing that Winston Peters, who could potentially hold the balance of power after the election, would override the recommendation of the Overseas Investment Office and block the partial sale of a private company,” says Mr Seymour.

“Why does Winston think he knows better than the thousands of Kiwi shareholders who voted for this sale?

“What’s Winston so afraid of? Does he think the cows will literally get shipped off to China? That the land itself will disappear? He’s just stirring up more anti-Chinese sentiment for cheap political gain.

“Blocking this sale would have prevented an injection of cash into the New Zealand economy, and would send a message to businesses that private property rights are not respected in this country.”

ENDS

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