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why nell Carter discloses multiple farming interests?”

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why nell Carter discloses multiple farming interests?”

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Agriculture Minister David Carter has declared interests in eight companies working in the sector, the MPs’ Register of Pecuniary Interests showed today. The document was tabled in Parliament near to its legal deadline and the day before the budget. The register shows that most MPs use trusts to manage their assets and it is difficult to find out what assets are held by those trusts. Some are more open than others about their financial interest. Mr Carter, who had extensive business and farming interests before entering Parliament, declares interests in a number of companies. Among these are Alliance Group (meat exporter), Doone Partnership (farming operation), NZ Wool Services (wool exporter), Silver Fern Farms (meat exporter), Ravensdown (fertiliser), and Combined Rural Traders (rural supply company). He also owns two farms in Canterbury.

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Agriculture Minister David Carter has declared interests in eight companies working in the sector, the MPs’ Register of Pecuniary Interests showed today. The document was tabled in Parliament near to its legal deadline and the day before the budget. The register shows that most MPs use trusts to manage their assets and it is difficult to find out what assets are held by those trusts. Some are more open than others about their financial interest. Mr Carter, who had extensive business and farming interests before entering Parliament, declares interests in a number of companies. Among these are Alliance Group (meat exporter), Doone Partnership (farming operation), NZ Wool Services (wool exporter), Silver Fern Farms (meat exporter), Ravensdown (fertiliser), and Combined Rural Traders (rural supply company). He also owns two farms in Canterbury. Prime Minister John Key, who is reportedly worth in excess of $50 million, holds most of his assets in trusts. Unlike any other MP he states that o

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Mr Carter, who had extensive business and farming interests before entering Parliament, declares interests in a number of companies. Among these are Alliance Group (meat exporter), Doone Partnership (farming operation), NZ Wool Services (wool exporter), Silver Fern Farms (meat exporter), Ravensdown (fertiliser), and Combined Rural Traders (rural supply company). He also owns two farms in Canterbury. Prime Minister John Key, who is reportedly worth in excess of $50 million, holds most of his assets in trusts. Unlike any other MP he states that one of these trusts (Aldgate Trust) is blind, which means he has no knowledge of what it operates. Mr Key also recorded interests in Earl of Auckland (commercial property), Little Nell (property investment) and Jackson Mining. One of his listed assets has also been hit hard by the credit crunch, with Mr Key owning shares in Bank of America.

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