Home > The Body Politic > Doing ‘the business’ with John Key – Here’s How (Part # Rua)

Doing ‘the business’ with John Key – Here’s How (Part # Rua)

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Continued from:  Doing ‘the business’ with John Key – Here’s How

Once upon a time, at the bottom of the world, there was a small country that prided itself on being a fair, open, and uncorrupted society.

I’m no longer sure about the last bit.

Last year, Transparency International ranked New Zealand as the #1 least corrupt nation on Earth. We ranked above Denmark (#2), Finland (#3), Sweden  (#4), Singapore (#5),  and  Norway (#6).

I’m no longer certain we deserve that top ranking, either.

The further that the Sky City/Convention Centre and Crafar farm deals are  scrutinised – the stronger the odour of something unpleasant fills our nostrils.

To recap, let’s start with the Crafar farms deal with Shanghai Pengxin.

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Tahi: Crafar Farms/Shanghai Pengxin/National Government

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The timetime of the Crafar deal runs something like this,

5 October 2009: Crafar Farms placed into receivership, owing $216 million to creditors.

22 December 2010: Government  blocks  bid by Natural Dairy to buy the 16 Crafar farms on ‘good character’ grounds.

27 January 2011: KordaMentha accepts offer from Shanghai Pengxin International Group Ltd to buy Crafar Farms.

13 April 2011: Shanghai Pengxin lodges application with the Overseas Investment Office (OIO) to buy the Crafar farms.

26 September 2011: Crafar farms receiver KordaMentha  rejects a conditional NZ$171.5 million offer for 16 central North Island dairy farms from a group led by controversial former merchant banker Michael Fay.

27 January 2012: Government ministers approve Shanghai Pengxin’s application to purchase 16 Crafar farms.

15 February 2012:  High Court delays sale of Crafar farms to Shanghai Pengxin.

20 April 2012:  Government ministers , Land Information Minister Maurice Williamson and Associate Finance Minister Jonathan Coleman  approve the Overseas’ Investment Office’s (OIO) new recommendation to allow the sale of the 16 Crafar farms to Shanghai Pengxin.

At least, that is the version for public consumption.

Recent revelations indicate that much more was taking place behind the scenes. If we take that timeline and add the revelations that have come out in the last few months, the picture takes on a murkiness and a hint on something decidedly shady,

5 October 2009: Crafar Farms placed into receivership, owing $216 million to creditors.

2 December 2009: KIWI DAIRY CORPORATION LIMITED registered. (Then changes to ORAVIE LIMITED, 20 December 2010. Then changes to ORAVIDA LTD, 20 January 2011. Then changes to ORAVIDA NZ LIMITED, 13 May 2011. ) Shareholders: Jing Huang, Julia Jiyan Xu, and Deyi Shi.  (Source)

11 June 2010:  National Party receives $50,000.00 donation from Susan Chou. (Source)

30 July 2010:  National Party receives $150,000 donation from Susan Chou. (Source)

18 November 2010: MILK NEW ZEALAND CORPORATION LIMITED* registered. Directors: Terry Lee and Jiang Zhaobai. (Source)

22 December 2010: Government  blocks  bid by Natural Dairy to buy the 16 Crafar farms on ‘good character’ grounds.

27 January 2011: KordaMentha accepts offer from Shanghai Pengxin International Group Ltd  to buy Crafar Farms.

31 May 2011: National Party receives $100,000 donation from Susan Chou. (Source)

22 July 2011:  ORAVIDA LTD registered. Shareholders: Jing Huang, Julia Jiyan Xu, and Deyi Shi. (Source)

27 July 2011:  ORAVIDA PROPERTY LTD changes name to  KIWI DAIRY INDUSTRY LTD.  Shareholder: Deyi Shi (Source)

13 April 2011: Shanghai Pengxin lodges application with the Overseas Investment Office (OIO) to buy the Crafar farms.

26 September 2011: Crafar farms receiver KordaMentha  rejects a conditional NZ$171.5 million offer for 16 central North Island dairy farms from a group led by controversial former merchant banker Michael Fay.

22 November 2011: National Party receives $50,0000 donation from Citi Financial Group. Shareholders: Yan Yang and Qiang Wei. (Source) (Source)

22 November 2011: National Party receives $1,600 from Oravida NZ. (Source) (Source)

26 November 2011:  NZ General Election

30 November 2011: National Party receives further $55,000 donation  from Oravida NZ. (Source) (Source)

27 January 2012: Government ministers approve Shanghai Pengxin’s application to purchase 16 Crafar farms.

15 February 2012:  High Court delays sale of Crafar farms to Shanghai Pengxin.

20 April 2012:  Government ministers , Land Information Minister Maurice Williamson and Associate Finance Minister Jonathan Coleman  approve the Overseas’ Investment Office’s (OIO) new recommendation to allow the sale of the 16 Crafar farms to Shanghai Pengxin.

*   “Milk New Zealand Holding Limited”  is the official applicant and purchaser of the 16 Crafar farms. It is supposedly a subsidiary of Shanghai Pengxin,

” Applicant

3. The Applicant is Milk New Zealand Holding Limited (“the Applicant”), a Hong Kong incorporated company which is an overseas person under the Act.

4. The Applicant will register as an overseas company under the New Zealand Companies Act 1993 prior to acquiring the Investment. The Applicant does not have any current interests in New Zealand as at the date of this Application.1

1 The 99% ultimate owner of the Applicant, Zhaobai Jiang, has a [redacted]% interest in a company ([redacted*])that has applied for consent to acquire development land at [redacted] . No decision has yet been made on this application.” – Source

(*Note: Despite OIO redacting the second company, this blogger has  found that it is actually “NATURE PURE LIMITED“.  Terry Lee and Zhaobai Jiang are both listed as Directors.)

Despite numerous company name changes; newly registered companies; and a lengthy trail of shareholders, the one link that does stand out between Shanghai Pengxin and financial donations to the National Party is Terry Lee.

Mr Lee, along with Deyi Shi and  Xing Hong, registered KIWI DAIRY CORPORATION LIMITED on 2 December 2009, which, after several name changes, ended up as ORAVIDA NZ LIMITED  on 13 May 2011. Xing Hong was also a one time Director of ORAVIDA NZ LIMITED and ORAVIDA PROPERTY LIMITED.

Deyi Shi is still a current Director of both  ORAVIDA NZ LIMITED and ORAVIDA PROPERTY LIMITED.

On 22 and 30 November, 2011, the National Government received donations totalling $56,600 from Oravida NZ Ltd.

A further $300,000 was donated to National by Auckland businesswoman, Susan Chou, who, through her husband Zhaowu Shen, had a connection with Jack Chen and NZ Natural Dairy Ltd – the first unsuccessful attempt by Chinese investors to gain control of the Crafar farms.

Two months later, on 27 January 2012, National approved the sale of 16 Crafar farms to Shanghai Pengxin subsidiary, Milk New Zealand Holding Limited.

Readers are invited to draw their own conclusions from the facts presented.

Continued at:   Doing ‘the business’ with John Key – Here’s How (Part # Toru)

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Sources & References

OIO:  Decision required under the Overseas Investment Act 2005: Milk New Zealand
Holding Limited

CAFCA:  December 2010 decisions

NZ Companies Office

Elections NZ: Returns of party donations exceeding $30,000

Elections NZ: Returns of party donations exceeding $20,000

Interest.co.nz: Govt Ministers rubber stamp Overseas Investment Office approval of Shanghai Pengxin’s Crafar farms bid

Acknowledgements

Adam Bennett, NZ Herald: Chinese cash flows to Nats

Adam Bennett, NZ Herald: China link to Nats’ $200,000

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= fs =

First blogged 28 April 2012

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  1. Bazza
    28 April 2012 at 2:21 am

    Shit! You’ve nailed Key’s ass! i hope you’ve sent this to the media. This needs to get out!

  2. Priss
    28 April 2012 at 11:54 am

    I think what makes me laugh is that this government believes it can get away with making secret deals. Oh FFS, New Zealand is such a small country you can’y hide much of anything for long. Someone knows someone who knows someone and sooner or later the truth gets out by a thousand whispers. No wonder the Natz are in a spin, because it’s all beginning to unravel for them!

    Now we’re hearing about John Bank’s and his [alleged – FM] corrupt dealings with Dotcom!

  3. Ian Ferguson
    8 July 2012 at 9:19 am

    Have you also made any connection to David Wong-Tung husband of Judith Collins, who is acting for NZ Gold on behalf of some of the same people/directors?

  4. Arden
    12 July 2012 at 8:53 pm

    There is a strong smell of corruption from the whole Oravida thing. My suspicion is that is runs a whole lot deeper than this. One day when the media does it’s job properly, the truth will eventually come out.

  5. 22 December 2012 at 9:36 am

    Oh Frank I nearly missed this in all the rushing about re Banks & the TPPA etc.. But what a nice little Xmas present you have given me.. .. Actually I think I will save it till New Year when I am fully refeshed and then send it on like a little match in a box of fireworks to see what and who it may illuminate.. Future definitely looking a little brighter. not for National thought.. Happy Christmas xx

  6. 20 April 2014 at 10:11 am

    Orivida eh? Sharkey. Crusher and Dipton boy all milking it eh? Who’s surprised when they’ve all grown up learning the mantra, `Show me the money’
    Nice work Frank. Winstons gonna love this eh?

  7. Stuart Munro
    4 May 2014 at 11:43 pm

    This should be on the front page of The Herald.

    • 4 May 2014 at 11:59 pm

      Thanks, Stuart. Hopefully journos from the Herald (or other media) will use the material I’ve found and add to the overall picture. I’m certain there’s much more to uncover…

  8. mosa
    18 March 2017 at 12:13 am

    Sobering reading Frank, imagine all the stuff that’s still hidden.

    • 18 March 2017 at 9:07 am

      Indeed, Mosa…

      If this is what is public, it beggars belief what is under the surface.

  1. 16 May 2012 at 1:52 pm
  2. 17 May 2012 at 1:14 pm
  3. 25 April 2013 at 12:11 pm
  4. 10 March 2014 at 6:46 am
  5. 17 March 2014 at 8:00 am
  6. 17 March 2014 at 8:35 am
  7. 17 March 2014 at 8:36 am
  8. 8 April 2014 at 6:59 pm
  9. 1 May 2014 at 9:48 pm
  10. 23 June 2014 at 12:17 pm
  11. 28 June 2014 at 8:02 am
  12. 6 February 2015 at 8:01 am
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  14. 29 May 2015 at 8:01 am
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  16. 22 September 2015 at 8:01 am
  17. 22 October 2015 at 8:00 am
  18. 6 February 2016 at 8:02 am
  19. 22 April 2016 at 10:44 am
  20. 27 April 2016 at 8:01 am

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