Friday, February 22, 2008

What's In It For Owen Glenn?

Adolf has been trying to figure out why a wealthy resident of Monaco would focus so intently on lil ole New Zealand, a country where he resided for part of his childhood, largely ignoring the place since the age of fifteen.

BY George I think I've got it!

This fellow is a clever businessman. He is said to be negotiating the sale of his transport company and accordingly will need a home for a very large sum of money (say $2 or $4 bil?) and something to do.

Thus far he appears to have invested, all told, around $8,150,000 in this country's political processes by way of gifts to Auckland University (normally state funded), the Labour Party and New Zealand First. What has he got in return?

The New Years Honour is, I think, a smoke screen and neither it nor some consulship represents a serious return on his investment. No, he was after much bigger fish and Adolf thinks that big fish is lucrative policy concessions.

What major policy related to transport and infrastructure has Labour recently back tracked on?

Bingo!!

Private partnerships in infrastructure.

My guess is that Glenn was promised preferred bidding status for the opportunity to clip the ticket for the next twenty years of every motorist who drives through the the tunnel that goes under Helen's house.

Mike Williams

Have a look at where Mike Williams holds directorships. Transit NZ, Ontrack and the Auckland Regional Transport Authority. Who better could you approach to put in a good word in the right place?

7 comments:

david santos said...

Hello, Adolf!
Thanks for your posting and have a good weekend

Waymad said...

And you have to also ask, why would MW offer to fall on his Labour Party (folding) sword so quickly at stage Left, if there was not a nice solid Plan B sitting at Stage Right?

I do so enjoy devious thinking, Adolf.

reid said...

Nice thinking, Adolf, and you may well be right. Although if you had an international outlook as he does, would you really park $2bn in a small country with a declining exchange rate when you could make much more in China? But you're right, there has to be something behind his manouvering, he's sure not doing it for nothing.

Anonymous said...

Well done I reckon youve nailed it he wont be looking to park all or even most of the money What he wanted was that quaint expression they use in this sector. First mover advantage. Another way of saying bribery and corruption to be first out of the blocks

gd

Lindsay said...

Bill English makes some interesting comments at the end of a press release on the National Party website:

Mr English says there are also unanswered questions about what part Mike Williams played in the Sovereign Yachts fiasco following cryptic comments from Owen Glenn in a 2005 interview.

Mr Glenn was quoted as saying Sovereign's boss, Bill Lloyd, was 'badly' treated, but that 'I got it resolved' and that it was sorted out 'through the good services of Mike Williams the Labour Party president who did a mammoth job'.

"Given that Sovereign Yachts received significant taxpayer support, what was the 'mammoth job' and what did Mr Glenn mean when he said he got it resolved with Mr Williams' help?
http://national.org.nz/Article.aspx?ArticleID=11871

The media need to dig some more

Cactus Kate said...

Excellent points Adolfus.

Mike Williams will be a superb lecturer at the Owen Glenn School of Business once he loses all his directorships and is stripped of teh Labour Party Presidency.

Anonymous said...

no, no, no....Owen Glenn is not a lbaour supporter......he's a Rich Prick with a highly developed and extremely mischievous sense of humour. I'm certain (no eveidence other than female intuition) that he has done it all just to set up Labour for a collosal pratfall. And it's working.....
March Hare