Details Secret As Mighty River Power Reaches Lake Taupo Deal

Read and weep and pay till it hurts!
Full & final means nothing to the greedy,
part-Maori Iwi elite.

Details Secret As Mighty River Power Reaches Lake Taupo Deal
22 December, 2014
An agreement has been signed between Mighty River Power and Tuwharetoa Maori Trust Board over the use of Taupo basin. Talks began last year after the iwi group reportedly decided it might charge the power company millions of dollars for the use of Taupo lake bed – which it owns – as a water storage facility. A partial sell-off of the company’s shares had led to the discussions, with the Government’s prospectus saying Mighty River Power could legally be charged for future, current and past water use back to 2007.

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