Retrospective validation of loans

Craig Innes made this Official Information request to Ministry of Housing and Urban Development

The request was refused by Ministry of Housing and Urban Development.

From: Craig Innes

Dear Ministry of Housing and Urban Development,

This is a request for information under the Official Information Act 1982.

Please provide all information relating to the validation of loans under Kāinga Ora–Homes and Communities Act 2019, Subpart 4—Other provisions about Kāinga Ora–Homes and Communities Section 15 Loans deemed to have been lawfully raised.

Include all details as to from whom the loans were obtained.

Please confirm whether the loans had any connection to the Belts and Roads Initiative.

Yours faithfully,

Craig Innes

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From: OIA Requests
Ministry of Housing and Urban Development


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Dear Mr Innes

 

I refer to your official information request dated 10 January 2022 for all
information relating to the validation of loans under Kâinga Ora–Homes and
Communities Act 2019.

 

We have transferred your request to Kâinga Ora - Homes and Communities, as
the information to which your request relates is more closely connected
with the functions of this agency. In these circumstances, we are required
by section 14 of the OIA to transfer your request.

 

You will hear further from Kâinga Ora concerning your request.

 

Yours sincerely

 

Ministerial Services

Organisational Performance

[1][email address]

[2][IMG][3][IMG][4][IMG][5]www.hud.govt.nz | Level 6, 7 Waterloo Quay,
Wellington City 6011

 

 

-----Original Message-----
From: Craig Innes <[FOI #18130 email]>
Sent: Monday, 10 January 2022 3:20 pm
To: OIA Requests <[email address]>
Subject: Official Information request - Retrospective validation of loans

 

Dear Ministry of Housing and Urban Development,

 

This is a request for information under the Official Information Act 1982.

 

Please provide all information relating to the validation of loans under
Kâinga Ora–Homes and Communities Act 2019, Subpart 4—Other provisions
about Kâinga Ora–Homes and Communities Section 15 Loans deemed to have
been lawfully raised. 

 

Include all details as to from whom the loans were obtained.

 

Please confirm whether the loans had any connection to the Belts and Roads
Initiative.

 

Yours faithfully,

 

Craig Innes

 

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Link to this

From: Kainga Ora Correspondence


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Dear Mr Innes

 

Thank you for your official information request of 10 January 2022 for the
following information:

 

“Please provide all information relating to the validation of loans under
Kâinga Ora–Homes and Communities Act 2019, Subpart 4—Other provisions
about Kâinga Ora–Homes and Communities Section 15 Loans deemed to have
been lawfully raised.

Include all details as to from whom the loans were obtained.

Please confirm whether the loans had any connection to the Belts and Roads
Initiative.”

 

Your request was transferred to Kâinga Ora – Homes and Communities for
response.

 

Upon review, it looks like your request is very broad and does not specify
what kind of loans you are referring to. Kâinga Ora has three types of
borrowings:

 

1.      Bonds (long term market debt)

2.      Bills/Commercial paper (short term market debt)

3.      Crown loans (borrowings from NZ Treasury)

 

There is lots of detailed information on these types of borrowings on our
website at [1]https://kaingaora.govt.nz/investor-centre/, and also in our
Annual Report 2020/21, which I have attached (refer to page 194).

 

If this information does not satisfy your request, please clarify what
types of loans you are referring to, as well as what specific information
you would like. Otherwise we may need to decline your request. We would
appreciate a reply by 21 January 2022.

 

Kind regards

Kâinga Ora – Homes and Communities

 

[2]KO LH

 

You may either contact Kâinga Ora Homes and Communities through
[3]http://kaingaora.govt.nz/contact-us/ or email Kâinga Ora at
[4][email address].

 

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for the people it is addressed to. If you are not the intended recipient,
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sender immediately and delete this message.

 

Please consider the environment before printing this email.

 

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Link to this

From: Craig Innes

To Kainga Ora Correspondence,

Your reply to my request asks for more specificity as to the loans referred to. I wish to draw your attention to the specific wording of my request. I am referring specifically to the loans referred to in a statute; The Kâinga Ora–Homes and Communities Act 2019 (subpart 4 s.15). The specificity of my request was headlined in the subject line of my request. I not that the author of the reply is not indicated. Kindly ensure that all official replies to my correspondence identify the author.

For your reference, the full and specific description of the information requested is derived directly from a statute:

Kâinga Ora–Homes and Communities Act 2019, Subpart 4—Other provisions about Kâinga Ora–Homes and Communities Section 15 Loans deemed to have been lawfully raised.

Yours sincerely,

Craig Innes

Link to this

From: Craig Innes

To Kainga Ora Correspondence,

I made the following request under the Official Information Act 1982 on 10 January 2022:

“Please provide all information relating to the validation of loans under
Kâinga Ora–Homes and Communities Act 2019, Subpart 4—Other provisions
about Kâinga Ora–Homes and Communities Section 15 Loans deemed to have
been lawfully raised.

Include all details as to from whom the loans were obtained.

Please confirm whether the loans had any connection to the Belts and Roads
Initiative.”

I received a disingenuous reply on 14 January, claiming that further clarification was required. I provided a reply to this on 18 January.

I have as yet not received an acknowledgement of the receipt of my reply. Please confirm the receipt of the communication and update me as to the expected timeframe for the substantive reply.

Yours sincerely,

Craig Innes

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From: Kainga Ora Correspondence


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Dear Mr Innes

 

Please find attached a response to your OIA request.

 

Kind regards

Kāinga Ora

 

[1]KO LH

 

You may either contact Kāinga Ora Homes and Communities through
[2]http://kaingaora.govt.nz/contact-us/ or email Kāinga Ora at
[3][email address].

 

The information contained in or attached to this message is intended only
for the people it is addressed to. If you are not the intended recipient,
any use, disclosure or copying of this information is unauthorised and
prohibited. This information may be confidential or subject to legal
privilege. If you have received this message in error, please notify the
sender immediately and delete this message.

 

Please consider the environment before printing this email.

 

References

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3. mailto:[email address]

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