Louise Upston must say if she knew Intueri was being prosecuted for the death of a student and under a funding investigation when she approved its overseas investment consent to buy another education provider, says Labour’s Land Information and Associate Education (Tertiary) spokesperson David Cunliffe.
News that yet another private training establishment (PTE) has rorted the Government’s tertiary funding system since 2009 shows that Steven Joyce has no control of the sector, says Labour’s Associate Education (Tertiary) spokesperson David Cunliffe.
“Like Agribusiness Training and Taratahi, these rorts went undetected for years under the Government’s loose monitoring system and have cost the taxpayer millions.
A Tertiary Education Commission investigation into the Tai Poutini Polytechnic is overdue and should have been launched last year, Labour’s Associate Education (Tertiary) spokesperson David Cunliffe says.
“Labour has been calling for an inquiry into potential rorts at Tai Poutini since last year after we highlighted apparent inconsistencies in the length of its advanced rope course.
“Fresh revelations that cast doubt on two Overseas Investment Office (OIO) decisions show the Government’s oversight of foreign investment is practically non-existent, Labour’s Land Information spokesperson David Cunliffe says.
“New Zealanders should feel confident that our prime assets are being safeguarded by the OIO and that our international reputation is intact. International investors have to meet the Act’s good character requirements.
The Minister for Land Information must investigate and disclose how many applications to the Overseas Investment Office (OIO) have links to Mossack Fonseca, says Labour’s Land Information spokesperson David Cunliffe.
“Labour can now reveal the OIO approved an application from Panamanian company Ceol & Muir – a client of Mossack Fonseca – to purchase the 1300ha landmark Onetai Station at Awakino in North Taranaki in February 2014.
The Auditor-General has confirmed the National Government is mismanaging the tertiary education sector in a highly critical select committee report released today, Labour’s Associate Education (Tertiary) spokesperson David Cunliffe says.
“The public watchdog was been highly critical of the Tertiary Education Commission at select committee. It says it could not be satisfied TEC’s books were in order and issues a rare highly ‘qualified’ audit opinion.
The decision by education provider IEG to suspend dividends following its subsidiary Quantum being referred to the Serious Fraud Office underlines the serious issues facing the tertiary sector, says Associate Education spokesperson David Cunliffe.
“IEG, a publically listed company, is one of New Zealand’s largest providers of private tertiary education services.