Tag Archives: Goldman Sachs

DoC says the 30 international bankers touring Fiordland last month were about recovering our kākāpō and takahē yet still no mention in mainstream media?

Thanks to one of our readers Joseph Nowak who has forwarded the following information he obtained from DoC with an Official Information request. DoC’s responding letter explains the purpose of the recent helicopter tour over Fiordland by 30 international bankers, escorted by the heads of both DoC and Hong Kong’s Goldman Sachs. For previous information surrounding this info request in particular the Nature Conservancy group (NC) see the three following articles, particularly the first & second if you are in a hurry (although they are not long reads):

1) WHY WERE THE HEADS OF NZ’S DEPT. OF CONSERVATION & HONG KONG’S GOLDMAN SACHS TOURING PARTS OF FIORDLAND RECENTLY IN A SIX-HELICOPTER ENTOURAGE?

2) NEW INFO ON THE RECENT 6-HELICOPTER ENTOURAGE OVER FIORDLAND BY THE HEAD OF NZ’S DEPT. OF CONSERVATION & 30 ODD INTERNATIONAL BANKERS

3) SOUTHLAND DISTRICT COUNCIL HAS TOLD A CORRESPONDENT THAT THE RECENT HELICOPTER TOUR OF FIORDLAND BY 30 ODD INTERNATIONAL BANKERS & DOC WAS ‘PHILANTHROPIC’ … AND NARY A WHISPER FROM MAINSTREAM MEDIA?

4) DOC SAYS THE 30 INTERNATIONAL BANKERS TOURING FIORDLAND LAST MONTH WERE ABOUT RECOVERING OUR KĀKĀPŌ AND TAKAHĒ YET STILL NO MENTION IN MAINSTREAM MEDIA?


DoC’s Response:

DocCM-5467259
18-E-0172

11 May 2018

Mr Joseph Nowak

Dear Mr Nowak

Thank you for your email of 4 April 2018 to the Minister of Conservation requesting the
following information under the Official Information Act 1982 (the Act):

“the purpose of the recent helicopter tour of Fiordland by international
bankers which was hosted by Lou Sanson”

Your request was transferred from the Minister’s Office to the Department of Conservation on 24 April 2018.

In response to your request I am able to advise that the purpose of the charter flights on 14 March 2018 was to show The Nature Conservancy’s Asia Pacific Council conservation work that is underway in Fiordland, specifically work to recover kākāpō and takahē.
The Nature Conservancy (TNC) is a charitable environmental organisation, pursuing
solutions to conservation challenges, and working with partners including indigenous communities, businesses, governments, multilateral institutions, and other non-profits.
TNC are significant donors to conservation around the world and across the Asia Pacific region and covered the costs of this helicopter charter. You can read more about TNC on their website: http://www.nature.org

Yours sincerely
Martin Rodd
Director Partnerships


COMMENT:

This all begs the question, why did mainstream media mention nothing about this tour? Surely, given NZers’ passion for our once pristine country & its flora and fauna, the media would be all over this? But no, not a whisper. Not a whisper either about the supposed ‘philanthropic’ nature of the tour. Personally I’d be putting my money on the greenwash agenda. Remember the reader feedback here about NC activities in Hawaii?

“…you are right about the Nature Conservancy. They bought up a large swathe of land on my former home, the island of Molokai, Hawaii. I knew a local gal there, young and strong, who quit working for them. Why? First, they fenced off the land. Then they brought in sharp shooters from airplanes to “eliminate” the”non-native species” — goats and pigs.

I overheard waterway workers complain that the dead carcasses were rotting right in the aqueduct that goes through tunnels from that side of the island to the population on the other side — as drinking and ag water. Then they sought to eliminate the “non-native” flora. That’s why she quit. They had her spraying toxic herbicides all day long, and she was afraid of becoming sterile! Also, when they purchase a piece of land, they rope it off for “conservation” and people are not allowed to go there and enjoy the beauty any more.”

We are supposed to believe that these international bankers are committed to saving our kākāpō and takahē? When they make clandestine tours of our country like they own it? Bit like the public-excluded carry on we have with our district councils that are selling off our public assets hand over fist (in secret).

We are hearing repeatedly from hunters and those who live near the bush areas that after poison drops the birdsong all but disappears. I don’t imagine the bankers plan on stopping the poison drops?

The green ‘sustainable’ rhetoric is just not cutting it any more, not three decades in sorry. The only things I see that are being sustained are the coffers of the wealthy. At the expense of our environment. 

EnvirowatchRangitikei

 

 

 

 

 

 

 

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Southland District Council has told a correspondent that the recent helicopter tour of Fiordland by 30 odd international bankers & DoC was ‘philanthropic’ … and nary a whisper from mainstream media?

Philanthropic? The marrying of that term and the banking industry in my opinion is somewhat of an oxymoron. Think about that…

“philanthropist” … a person who seeks to promote the welfare of others, especially by the generous donation of money to good causes.

A reader who, after recently hearing of the 6-helicopter tour of Fiordland by 30 bankers including the heads of Hong Kong Goldman Sachs and the Dept of Conservation, wrote to the Mayor of Southland District Council to get some clarification of its purpose. It is further confirmed that the group was indeed The Nature Conservancy (TNC) and the reply is intriguing. One would have to ask, why wasn’t this headline news? An important visit by no less than thirty international bankers purveying their chosen area of shall we say ‘investment’ and not a squeak about it in mainstream media? Curious indeed.

Here is the letter sent and the response recently received (name of correspondent withheld as requested):

Dear Mr Tong,

I have been informed that:

“Six Squirrel helicopters were chartered from Alpine Helicopters, Wanaka. They only have five Squirrels so one was chartered in by them.

Apparently, Director-General of Conservation Lou Sanson, and presumably other DoC” people, “took a pile of international bankers on a Tiki Tour. I am told the Hong Kong-based head of Goldman Sachs was one of them.

They went to Fiordland – landing in the Murchison Mountains, (Takahe), Chalky Island (Kakapo) in Chalky Inlet, and Resolution Island in Dusky Sound.”

I wonder if you were aware of this trip because it seems to be in your area?

Perhaps there is an innocent explanation why 30 international bankers would land on Resolution Island, Chalky Island and on the Murchisons.

I have emailed the Member for Southland-Clutha for his view on the same matter.

I look forward to your early response from yourself or from the Councilor for the ward concerned.

Best regards

(name provided)

 

And he responded:

Good morning  xxxxxxx

Thank you for your email.

I am aware of the charter that was undertaken by a group from an international conservancy board.  I find it heartening that this group of people, ones that are involved in international conservation efforts at their own cost, actually get out and about to see what their money is helping to do.

I have been to all of the areas you have mentioned and I have seen the work the Department of Conservation is doing.  On one occasion I had the pleasure of releasing 2 (of 10) Takahe into the Murchison’s, a day I will always remember.

Some of this work would not be possible without the monetary efforts from a group such as you have described, so I do believe there is an innocent explanation.

As Mayor I am proud of those efforts and encourage others to do the same.  I don’t believe this was a “pile of international bankers on a tiki tour”.  I understand that it was a controlled and coordinated charter where the philanthropists gained a knowledge and understanding by seeing Fiordland up close.

I don’t believe there is anything else I can say on the matter,  but thank you for your enquiry.

Yours in Southland

Gary Tong
Mayor
Southland District Council
PO Box 903
Invercargill  9840


Feedback about The Nature Conservancy group

We have also had feedback about The Nature Conservancy group from another reader who lived in an area that was taken over by TNC. The comment is quoted below with permission, names also withheld as requested:

“…you are right about the Nature Conservancy. They bought up a large swathe of land on my former home, the island of Molokai, Hawaii. I knew a local gal there, young and strong, who quit working for them. Why? First, they fenced off the land. Then they brought in sharp shooters from airplanes to “eliminate” the”non-native species” — goats and pigs.

I overheard waterway workers complain that the dead carcasses were rotting right in there the aqueduct that goes through tunnels from that side of the island to the population on the other side — as drinking and ag water. Then they sought to eliminate the “non-native” flora. That’s why she quit. They had her spraying toxic herbicides all day long, and she was afraid of becoming sterile! Also, when they purchase a piece of land, they rope it off for “conservation” and people are not allowed to go there and enjoy the beauty any more.”

 

A big thank you to our two informants.

Photo: Resolution Island, Fiordland NZ, Wikipedia

Why were the heads of NZ’s Dept. of Conservation & Hong Kong’s Goldman Sachs touring parts of Fiordland recently in a six-helicopter entourage?

Thanks to Carol Sawyer for this information.

NOTE: Here are links to this series of articles:

1) WHY WERE THE HEADS OF NZ’S DEPT. OF CONSERVATION & HONG KONG’S GOLDMAN SACHS TOURING PARTS OF FIORDLAND RECENTLY IN A SIX-HELICOPTER ENTOURAGE?

2) NEW INFO ON THE RECENT 6-HELICOPTER ENTOURAGE OVER FIORDLAND BY THE HEAD OF NZ’S DEPT. OF CONSERVATION & 30 ODD INTERNATIONAL BANKERS

3) SOUTHLAND DISTRICT COUNCIL HAS TOLD A CORRESPONDENT THAT THE RECENT HELICOPTER TOUR OF FIORDLAND BY 30 ODD INTERNATIONAL BANKERS & DOC WAS ‘PHILANTHROPIC’ … AND NARY A WHISPER FROM MAINSTREAM MEDIA?

4) DOC SAYS THE 30 INTERNATIONAL BANKERS TOURING FIORDLAND LAST MONTH WERE ABOUT RECOVERING OUR KĀKĀPŌ AND TAKAHĒ YET STILL NO MENTION IN MAINSTREAM MEDIA?


 

And this fly over, one week before Obama’s visit? What is going on? This entourage consisted solely of international bankers from all over the world it’s reported.

What were the heads of DoC and the ‘bank that rules the world’ out purveying pristine South Island sights for? And what does Goldman Sachs have to do with the conservation of NZ’s flora and fauna? As we found out last century, the predatory funding of the banking fraternity comes with conditions. Doesn’t bode well in my opinion.

Consider all this in light of the recent signing of the (un)modified TPPA ‘deal’ that benefits mostly corporations, the recent revelations around the upcoming Wanaka Air Show boasting ‘impressive’ global military representation, the imminent visit at the same time by Barack Obama and ‘right on cue’ Hillary Clinton and the mysterious events surrounding the 2011 Christchurch Quake and its parallels with Haiti, one could be forgiven for being somewhat suspicious of this company of people. Call me conspiratorial if you wish but add to that the fact it’s all a bit timely, especially with the fast & furious sale of vast swathes of South Island property including Otago to offshore wealthy folk who are supposedly escaping the apocalypse they believe is coming, and it’s difficult to believe it’s a case of ‘nothing doing here’. (Note, Donald Trump’s right hand man Peter Thiel has bought Damper Bay in Wanaka Otago. US news anchor, Matt Lauer has bought Hunter Valley Station, Otago). The common denominator for the better part of all the aforementioned is the US. And speaking of the US & its military (which go together like peas in a pod) I forgot to mention the discussions that have been under way for some time between DARPA (US military) & NZ Landcare Research on the proposed release of genetically modified insects. We are ‘favored’ for this ‘experiment’ because of our island status. Very handy all around. Hello guinea pigs.

NZ & the US military have been cosying up for quite a while now especially since our former ‘esteemed’ PM ‘Sir’ John (now managing other monies) spent a good part of his dubious ‘service’ oiling the US war machine. Having gone this far on topic I may as well mention it’s been said he likely profits from NZ’s debt and just hours after the Christchurch Quake signed away seabed exploration rights to the giant oil company Anadarko.

The info on the six helicopter entourage was posted on the no to 1080 use in NZ Facebook page by Carol Sawyer. The company of international bankers along with DoC’s Director General went flying over Fiordland, reliable word has it, on 14 March 2018, quoted here (with minor edits, go to the source to read the original):

“Six Squirrel helicopters were chartered from Alpine Helicopters, Wanaka. They only have five Squirrels so one was chartered in by them.

Apparently, Director-General of Conservation Lou Sanson, and presumably other DoC” people, “took a pile of international bankers on a Tiki Tour. I am told the Hong Kong-based head of Goldman Sachs was one of them.

They went to Fiordland – landing in the Murchison Mountains, (Takahe), Chalky Island (Kakapo) in Chalky Inlet, and Resolution Island in Dusky Sound.

I have also been told this helicopter operation would have cost at least $80,000 to hire. I thought DoC was short of money? Did the big bankers pay for this trip? A Squirrel helicopter seats the pilot and six passengers, so with six Squirrels that is at least 30 people involved.

In the evening they were seen landing at Manapouri, where they had their evening meal … at the Manapouri Hotel, before the trip back to Wanaka.”

Was Lou Sanson’s “great ‘success’ “ with “DoC’s Battle for the Birds program, and the importance of Predator Free 2050” part of the discussion?

Carol has noted the remoteness of the areas they viewed in their flight from Wanaka to Fiordland. Fiordland is very remote and the places they were going could not be reached by road. Resolution Island is in Dusky Sound, Fiordland and has no road access. Chalky Island is in Chalky Inlet, Fiordland and also has no road access.

The pertinent question is asked: “What the heck are we giving these rich international bankers in return … land? mining rights? our souls? …” I would concur on those questions and would place my bet on all of them. It’s been put to me before by some readers that that mining is the agenda for clearing off our lands with 1080 of all things living. There is more than one theory on that. I suspect it is multi-purpose. Personally I know of folk who have heard poison contractors boast they’ve upped the strength of 1080 in order to kill the deer. It’s working.  The wild lands are becoming less viable as sources of wild food given the risks now involved, witness the recent poisoning of the Putaruru family who ate wild boar (the authorities didn’t test for 1080 within the appropriate time frame) the green beehives seen recently by bee keepers and the poisoning of our waterways by DoC with impunity. And yes people appear to have been poisoned historically also but the authorities are very tight lipped about those occurrences and aren’t admitting a bar of it.

Returning to the TPPA & the military, looking at the big picture, hear Prof Jane Kelsey explain the global power play going on:

 

Watch this space.

Photos supplied by Carol Sawyer :

An Alpine Helicopters Squirrel at Matukituki 1080 operation, Wanaka, 2014 – Photo ODT

Lou Sanson in the snow, on an overnight jaunt at Plateau Hut in Aoraki/Mount Cook National Park last year, with Fonterra CEO Theo Spierings and Fonterra Chair John Wilson. ( Theo earned $8.2 million last year, 2017, incidentally ).- Photo Lou Sanson’s blog.

Resolution Island, Dusky Sound – Photo Landcare

 

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A Goldman Sachs-organised, ‘risk-free’ loan of $200 mill Kiwi Savers’ funds is now LOST after the bank collapses – still trust your government?

Seriously do you still trust your government which really is a corporation, to swan around the planet investing your hard earned cash in foreign banks? A ‘risk-free’ loan TO a bank that’s subsequently crashed … really? Check out our previous articles on Kiwi Saver. This is not the first time things have run amok. Kiwis funds have disappeared from their accounts folks by the thousands. Not a few cents …. thousands of dollars. It’s fast coming time the only safe place to put your hard earned cash is in your sock or under your mattress … sadly. The banks already have the right to hair cut your savings should they go bust (Open Bank Resolution – google it) and it appears they haven’t circulated that information to well because few seem to know about it. Your representatives tax themselves at 2.8% while middle income workers are taxed 28%. See whose nests they are feathering … it isn’t yours.
Time to wake up Kiwis.   EnvirowatchRangitikei

Search for other banking articles in ‘categories’ (left side of page).


 

NZ Super Fund’s $200m loss

Matt Nippert   (Herald Business)
(Matt Nippert is a business investigations reporter)

Almost $200 million of taxpayer money invested through the Kiwi Superannuation Fund has been lost after a Portuguese bank where the money was invested, supposedly as a “risk free” loan, collapsed.

The Super Fund, set up with public money to cover partly the retirement costs of baby boomers, has revealed it had been caught up in last year’s collapse of Banco Espirito Santo (BES) and a US$150m (NZ$198m) investment made in July had been completely wiped out.

The investment was a contribution to a Goldman Sachs-organised loan to the Portuguese bank, but only weeks after the money was injected it imploded, with president and founder Ricardo Salgado arrested as part of a criminal investigation into tax evasion.

After disclosing billions of Euros in losses, and facing a run on funds by depositors, the bank collapsed in a heap and was broken up in August.

Goldman Sachs, described by Rolling Stone as “the great vampire squid” for their sharp business practices in the run-up to the global financial crisis, today said it would “pursue all appropriate legal remedies without delay” in an attempt to recover the loans to BES.

READ MORE: http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11404653&ref=NZH_FBpage

KiwiSaver accounts missing millions


piggy-bank-967181_1280Tens of thousands of workers are missing millions of dollars from their KiwiSaver accounts because their employers have failed to either pass on payments docked from their pay, or pay their own employer contributions.

Figures obtained by RNZ News show Inland Revenue is chasing thousands of employers for $29.3 million in outstanding payments and penalties that have accumulated since the retirement savings scheme was launched in 2007.

At the end of June 2015, 1663 employers had failed to pass on $15.3m in KiwiSaver payments deducted from their employees’ own salaries to the IRD.

These deductions were government guaranteed so workers would eventually get the money.

But since 2007, 2210 employers had failed to pay $10.6m in KiwiSaver contributions to 46,154 employees.

Businesses are legally required to pay 3 percent of an employee’s gross salary towards their KiwiSaver.

IRD collections manager David Udy said the vast majority of the businesses that had failed to pay were small and employed between three and five staff.

READ MORE: http://www.radionz.co.nz/news/national/297165/kiwisaver-accounts-missing-millions

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