He might be rich but he ain’t a billionaire

NZ Herald

Michael Fay has a bloody cheek….he is questioning the business acumen of a billionaire….he can’t even get to $1billion in NZ dollars let alone US dollars:

Mr Galbraith told the court the focus of the OIO’s appraisal of Shanghai Pengxin’s relevant experience and acumen should be on the man in ultimate control of the corporation, billionaire Jiang Zhaobai.

Although the Shanghai Pengxin’s application noted the company’s investments in sheep and soybean farms, the OIO’s decision had no analysis of whether that gave Mr Jiang the experience required to invest in the farms.

And what farming acumen has Michael Fay got? Sweet F’all is what.


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