Fire sales?
Your canine crusader hears that Fonterra’s current financial woes could see the dairy co-op dumping many of its key assets.
In fact, many have suggested to your old mate that the fabled Scottish aquatic creature has made more public utterances than Monaghan since he took over the helm of Gumboot HQ from John Wilson. This old mutt believes Monaghan’s media silence is an insult to Fonterra shareholders who have every right to hear how the new chairman plans to lead the dairy co-op. Rumours are that most of the problem is down to Fonterra’s highly paid, under-performing and inept team of spin doctors – known as ‘the Kremlin’ – who are hiding ‘Grumpy’ John from media exposure. This makes your old mate question just why ‘the Kremlin’ has put Monaghan into effective media witness protection.
