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Iwi wants stake in lines company

The Court of Appeal is considering an action by Ngāti Rangitihi over ownership of the lines company in its rohe. The iwi’s case is being funded by Marlborough Lines, which […]

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The Court of Appeal is considering an action by Ngāti Rangitihi over ownership of the lines company in its rohe.

The iwi’s case is being funded by Marlborough Lines, which wants to increase its stake in Horizon Energy.

Ngāti Rangitihi also wants to buy shares in the company.

It is arguing that Eastern Bay Energy Trust is only allowed by its trust deed to own 25 percent of Horizon, not the 77 percent it owns.

Copyright © 2013, UMA Broadcasting Ltd

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  • Radio Waatea is Auckland’s only Māori radio station that provides an extensive bi-lingual broadcast to its listeners. Based at Ngā Whare Waatea marae in Māngere, it is located in the middle of the biggest Māori population in Aotearoa.

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    Radio Waatea is Auckland’s only Māori radio station that provides an extensive bi-lingual broadcast to its listeners. Based at Nga Whare Waatea marae in Mangere, it is located in the middle of the biggest Māori population in Aotearoa.