Auckland Energy Consumer Trust

AECT Trust stays under centre right control

Looks like the return of Judith Tizard to politics has been thwarted.

The C&R candidates had a clean sweep, again, in the election.

The centre-right has retained control of the Auckland Energy Consumer Trust, winning all five seats in the latest triennial election.

Four existing trustees running under the Citizens and Ratepayers banner were returned, with a fifth member, former National MP Paul Hutchison, succeeding a retiring trustee.

Those returned were Mike Buzckowski, William Cairns, James Carmichael and Karen Sherry.

Two former Cabinet ministers, Judith Tizard and Paul East, were among the unsuccessful. ? ? Read more »

Another thieving councillor who needs a rinsing

Cameron Brewer is keen on stealing the assets of another organisation in order to fund the shortfall in Auckland Council’s over inflated spending commitments.

Cameron Brewer says he is pleased the “sacred cow” Auckland Energy Consumer?Trust (AECT) is included in the review. Although AECT is not a council asset, under its 80-year deed it will be wound up in 2073. Its biggest asset is a 75.4% ownership of Vector, worth $2.1 billion.

?We owe it to ratepayers to explore the trust, its deed, legislation and the value or potential of its assets, instead of stinging them every year while council debt continues to skyrocket. The shares are owned by Aucklanders, who also pay rates and it remains the biggest and most glaring nest-egg in the region.

?I am sure the Aucklanders receiving a $300 dividend cheque every year won?t mind forgoing it if it means lower rates and the money is ploughed into infrastructure that benefit the region.

Read more »

Boag snatch to fund Sky City blowout?

boag-grinch

There?s a new candidate for who is paying Michelle ?The Boagan? Boag and her offsider Cedric ?Senile? Allan for their campaign to snatch $2.1 billion in Vector shares from the people of Auckland and South Auckland to give to Lyin? Len Brown?s council.

Whaleoil still doesn?t quite believe it but it?s overloading the tipline so here goes: The theory is it?s SkyCity casino. Here?s why it could be true.

Since Friday SkyCity has been saying it needs another $130 million from the government to build its new National Convention Centre. Or else it?ll pull out of the deal. The government has to make the SkyCity deal work because all the rest of its convention centre plan is falling apart.

Steven Joyce seems to be saying he?ll open up some of his trough but not for the full $130 million and wants Auckland ratepayers to front up with the rest. ?

In a world first, everyone from Lyin? Len to Dick Quax have lined up and told Joyce to shove it. (The one exception is Cameron ?Mr Fiscal Responsibility? Brewer who sounds like he?s had too many nights in the SkyCity corporate box.) Read more »

Who is paying for the Boagan’s $2.1 BILLION snatch?

business woman with lots of money

Everyone smart is running a mile from Michelle ?The Boagan? Boag?s plan to snatch $2.1 billion in Vector shares from Aucklanders and South Aucklanders to give to Lyin? Len Brown for him to build his trainset.

But one question is still be to explored. Who is paying The Boagan, 60? And who is paying her offsider Cedric ?Senile? Allan, 102?

These people don?t do anything for free. The Boagan even got Doug Myers to pay her when she was running for National Party President.

The tipline is running hot with theories. Read more »

The Boagan signs up Brian “Opinion-for-Hire” Rudman

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By now, regular readers will know all about Michelle ?The Boagan? Boag?s campaign to steal $2.1 billion from the Auckland Energy Consumer Trust to give to her new friend Lyin? Len Brown so he can build his trainset a bit earlier than planned.

But remember, this is The Boagan we?re dealing with here. Her campaign is going about as well as when she got caught videoing the Winebox Inquiry, or when she made Bill English leader of the National Party, or the Blackheart America?s Cup fiasco, or her ?help? in John Banks’ mayoral campaign ?

If The Boagan?s involved you don?t have to wait long for a fiasco.

And so it has happened again.

Of the original Ten Dwarfs, The Boagan recruited to her $2.1 billion snatch, it turns out some didn?t even know they were meant to be involved.

The original Ten Dwarfs were:

  1. Kim Campbell ? from the Employers? and Manufacturer?s Association
  2. Michael Barnett ? from the Auckland Regional Chamber of Commerce
  3. Tony Garnier ? from the Auckland Business Forum
  4. Stephen Selwood ? from the NZ Council for Infrastructure Development
  5. Barney Irvine ? from the Automobile Association
  6. David Aitken ? from the National Road Carriers Association
  7. Heather Shotter ? Committee for Auckland
  8. Cameron Pitchers ? from the Campaign for Better Transport
  9. Connall Townsend ? from the NZ Property Council
  10. Jeremy Sole ? NZ Contractors Federation

Whaleoil?s spy at the big meeting to plan The Boagan?s campaign say as soon as they got wind of what she planned, Barney Irvine, Connall Townsend, David Aitkin and Jeremy Sole decided not even to show up.

Tony Garnier did show up but made clear he was there only to listen and wasn?t signing up to anything. Stephen Selwood turned up and spoke strongly against The Boagan?s $2.1 billion snatch.

Now the tipline is running hot with news Michael Barnett of the Auckland Chamber of Commerce had his eye off the ball and didn?t really know how he was being used by The Boagan. His board is furious. They knew nothing about the snatch.

Even the Boagan?s old winebox mates at Russell McVeagh weren?t impressed either when they found out they were being asked to unleash the legal dogs of war against AECT. ?? Read more »

A Chamber board member writes about AECT

boag-grinch

There is much scrambling occurring behind the scenes after Michelle Boag’s little plan to raid the AECT consolidated fund and hand the cash to Len Brown was rumbled.

A humber of people named are now backing away from the plan, and some feel they have been mis-represented by their attendance at Kim ‘The Clown’ Campbell’s little meeting the other day.

Clearly people are frustrated at the Boagan’s old school whispering campaign and it looks and sounds like the?Chamber is running a million miles away from her nationalisation/theft scheme.

One Chamber of Commerce board member writes:

Dear Cameron,

I have long been a reader of your blog, and appreciate that you have a desire to put the truth out in front of your readers.

I also understand that you suspect the motives of some people, and use your blog to raise these issues into the sunlight.

I know that you accept that you don?t always get it right, and have, in the past, been happy to acknowledge this, and apologise accordingly.

Your recent attack on Michael Barnett and the Chamber of Commerce is one of those errors.

I am not a neutral bystander in this, and write as someone who chose to be a Director of the Auckland Chamber of Commerce. This choice was made through years of watching the way the Chamber, and Michael work.

The Chamber is the rational voice of business within Auckland. An organisation which works to make sure that the physical and political landscape is shaped to serve the interests of Auckland, by ensuring that the business environment is the best it can be.

This is not an easy task, and for many years the Chamber has worked away to ensure that business has a rational and respected voice.

Michael has been a voice promoting initially the need for significant transport projects in Auckland, and then promoting the debate on where the funding will come from. Auckland faces a dramatic shortfall in funding for transport projects whether or not the Central Rail Link is built.

Government has accepted the Central Rail Link case, and has said that it will provide funding when certain conditions are met, and after a certain date if they are not.

The debate that needs to happen is for Auckland City to determine where it will source its funding, and how it will achieve that.

The only way for this to happen fairly is to bring all of the options on to the table, and work out which ones are available for use. Read more »

Christmas Countdown: Boagan Dwarf Three – Michael “Dopey” Barnett

barnett-elf copy

Michael “Dopey” Barnett

There’s still six days until Christmas but the early presents for Whaleoil readers keep on coming. ?Today’s gift is a cracker – ?the story of Boagan dwarf number three, Michael ‘Mayoral-Wannabe’ Barnett.

Auckland readers will of course know Mr Barnett as the face of the Auckland Chamber of Commerce. ?If you don’t really understand what the organisation does, fear not you’re not alone. I?can happily confirm their key role is to organise business lunches and breakfasts. ? Kim The Clown Campbell is a regular attendant. ?The Mayoral Wannabe actually celebrates his 25th anniversary at the Chamber this year. ?What better way to party than to steal a cool $2.1 billion off the people of Auckland. ? ? Read more »

Christmas Countdown: Boagan Dwarf Two ? Kim “The Campbell Clown” Campbell

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There?s a bit of a change of plan.? Kim ?The Campbell Clown? Campbell made such a goose of himself on Larry Williams last night we?re looking at him today rather than Michael Barnett.? But don’t worry, we will deal with all The Boagan?s friends soon enough.

For those just catching up, the story goes like this.? It looks like Michelle ?The Boagan? Boag is working for someone like Hawkins to try to get Lyin? Len?s trainset underway sooner rather than later.

The Boagan and John ?The Dining Table? Collinge, now 104, have a decades-old feud with Warren Kyd and other members of the Auckland Energy Consumer Trust (AECT) ? the outfit that owns $2.1 billion in Vector shares in trust for the people of Auckland and South Auckland, and which pays them a Christmas dividend of $335 a house each September. Read more »

Christmas Countdown Special: EMA reaps what it sows

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EMA boss Kim ?The Campbell Clown? Campbell can?t be too much longer in his job.

Members of the EMA board have called the tipline begging not to be included in the Christmas Countdown series.

They reckon they didn?t know anything about what The Campbell Clown was up to when he decided to launch a campaign to steal $2.1 billion in Vector shares from the people of Auckland and South Auckland and cancel their $335 Christmas dividend and give the shares and money to Len Brown so he can build his trainset.

They didn?t know The Campbell Clown had come under the spell of Michelle ?The Boagan? Boag.

Well it may be too late for the EMA board.? Look what fell off the back of the bus: ? Read more »

Christmas Countdown: Boagan Dwarf One – Heather Shotter

 

Wait until I get my mitts on your cash

Wait until I get my mitts on your cash

Heather Shotter is the first of Michelle Boag?s ten dwarfs.

The Shotter?s an old, old mate of the Boagan?s, a keen gardener and a big fan of immigrants.

She was a PR flack at Sky City and moved up the ranks to become head of operations. Coincidentally, she got in a relationship and later married its CEO Evan Davies. Unfortunately the marriage didn?t last as long as it might have. Still, The Shotter?s come a long way for a girl from the Hawke?s Bay.

Now her close connections with the city?s most powerful men and women have landed her a job with the ?Committee for Auckland? over which The Boagan has influence.

And now The Shotter?s signed up her ?committee? to support The Boagan?s plan to take the $2.1 billion in shares off the Auckland Energy Consumer Trust (AECT) and cancel the annual $335 Christmas bonus it pays to every house, flat and business in Auckland and South Auckland.

They?ve got Kim Campbell?s EMA to back the confiscation and theft as well.

The Boagan, The Shotter, and Campbell want the $2.1 billion in shares to be given to Lyin? Len Brown?s Auckland Council.

The plan is that Lyin? Len would then sell the $2.1 billion in shares that had been stolen from Auckland energy consumers to pay for his trainset.

You are reading this right: The Boagan, Shotter, Committee for Auckland, EMA plan is to confiscate $2.1 billion in privately owned shares, give them to Lyin? Len and then try to get him to sell them, including to the people they stole them from.

National rising star Jami-Lee Ross puts it best: ?Surprised by EMA’s stance on AECT. When was the last time a business lobbyist called for a $2 billion private asset to be nationalised???

So who is The Shotter?s ?Committee for Auckland?

Here?s the truth: it?s mainly a front for Lyin? Len himself. ? Read more »