Tuesday, 30 July 2019 15:19

Careful

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Your old mate notes that Agriculture Minister Damien O’Connor (also a local MP) loudly disapproved of Westland Milk directors and shareholders overwhelmingly voting to sell the co-op to Yili.

What did he expect? That the company stay in local hands and go broke instead?

Perhaps he wanted Westland’s farmer owners to take a lower offer and miss out. Or did he, as a good socialist, want to nationalise the company?

It might also have been worth O’Connor noting – before stating that ‘every Westland director should be blacklisted from further governance roles’ – that his own brother was recently a board member and so also helped oversee the co-op’s demise.

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