‘Buck stops with ministers’: OIO overruled in dairy farms’ sale
Ministers Seymour and Penk overturned the Overseas Investment Office’s advice not to sell three South Otago dairy farms to foreign investors.
WATCH: Labour MP Damien O’Connor speaks to Brent Edwards.
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Labour MP Damien O’Connor is worried the sale of three dairy farms to foreign investors late last year will set a precedent for more sales.
During the process, Associate Finance Minister David Seymour and Land Information New Zealand Minister Chris Penk used their discretion to overturn advice
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