August 26, 2009

Fonterra milking New Zealand taxpayers

The Mari­time Uni­on has hit back at “socially irre­spons­ible” Fonterra pulling out of region­al ports and says the dairy giant’s profits are being sub­sid­ized by the tax­pay­er.

Mari­time Uni­on of New Zea­l­and Gen­er­al Sec­ret­ary Tre­vor Han­son says Fonterra has come out with “weak excuses” for its decision to pull out of some region­al ports in favour of trans­port­ing products by long dis­tance rail.

Mr Han­son says the future of the New Zea­l­and trans­port industry seems to be in the hands of one man, Fonterra Gen­er­al Man­ager of Sup­ply Chain Strategy Nigel Jones.

“Fonterra holds the fate of whole region­al eco­nom­ies in their hands because of their size and influ­ence, but seem to have no account­ab­il­ity to any­one but them­selves.”

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