Mighty River Power share buyback?

Alex Harris made this Official Information request to Minister of Finance

The request was refused by Minister of Finance.

From: Alex Harris

Dear Minister of Finance,

Today Mighty River Power, a company part-owned by the government under the Mixed-Ownership Model, announced that it would buy back $50 million of shares. I would like to request the following information from you in your capacity as shareholding Minister under the OIA:

* were you as shareholding Minister consulted about this plan, or did you approve it?
* will the government be participating in the buyback scheme?
* all correspondence and advice to you on this matter.

If you are not the shareholding Minister, then I'd appreciate a swift transfer to the Minister of State-Owned Enterprises, or whoever does hold the shares for the government.

I would prefer to receive an electronic response. Queries about this request will be automatically forwarded to me by the fyi.org.nz website.

With regards to s12 of the OIA, I am an NZ citizen and in NZ.

Yours faithfully,

Alex Harris

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From: B English (MIN)
Minister of Finance

On behalf of Hon Bill English, thank you for your email. 

 

Please be assured that all correspondence is read and noted by this
office. Where the Minister has portfolio or MP for Clutha-Southland
responsibilities for the issues raised, a response will be sent to you in
due course. 

 

While the Minister considers all correspondence to be important, if your
email falls outside of his portfolio or electorate responsibilities, or
expresses a personal view, then your opinion will be noted and your
correspondence may be transferred to another office or there may be no
further response to you.

 

Thank you for taking the time to write.

 

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From: B English (MIN)
Minister of Finance

Dear Alex Harris

On behalf of the Hon Bill English, Minister of Finance, I acknowledge receipt of your letter of 10 October 2013 regarding the Mighty River Power’s proposed buy-back of shares.

Your request was received in this office on 10 October 2013 and will be responded to under the provisions of the Official Information Act.

Yours sincerely

Katy Greco-Ainslie
Private Secretary

The information contained in this email is privileged and confidential and intended for the addressee only. If you are not the intended recipient, you are asked to respect that confidentiality and not disclose, copy or make use of its contents. If received in error you are asked to destroy this email and contact the sender immediately. Your assistance is appreciated.

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From: Katy Greco-Ainslie


Attachment Alex Harris.pdf
57K Download View as HTML


Letter from Hon Bill English, Minister of Finance attached.

The information contained in this email is privileged and confidential and intended for the addressee only. If you are not the intended recipient, you are asked to respect that confidentiality and not disclose, copy or make use of its contents. If received in error you are asked to destroy this email and contact the sender immediately. Your assistance is appreciated.

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Things to do with this request

Anyone:
Minister of Finance only: