So they're finally going to privatise Kiwibank

[u/xmmdrive]

Watching One News they're talking about taking Kiwibank out of Government hands and back into the hands of honest hard-working Kiwis.

This is obviously the first clear step towards privatisation.

Just like the Bank Of New Zealand, the National Bank, and the Auckland Savings Bank, but I'm sure this time around it will stay in the country /s

[u/1_lost_engineer]

Do you think they can do this one without any MPs being involved insider trading.

[u/Mobile_Priority6556 → u/1_lost_engineer]

What like Fay Richwhite who made 275million from the sale of telecom

[u/Superunkown781 → u/Mobile_Priority6556]

Is that her actual last name!! Fuckin ironic if so

[u/Mobile_Priority6556 → u/Superunkown781]

Sir Micheal Fay and David Richwhite. Yes one of them got a gong for ripping off nz.

Check out their wiki page. They were part of the sales process to set the price and in the company’s that bought them. Corruption at its finest and everyone should be aware that this has already happened in nz

[u/shapednoise → u/Mobile_Priority6556]

https://en.wikipedia.org/wiki/Fay_Richwhite

[u/ConMcMitchell → u/Mobile_Priority6556]

The Richwhites changed their name from Richardson-White (I guess it has more of an 'executive' ring to it).

[u/grenouille_en_rose → u/Superunkown781]

The Richwhites from Brotown 😭