Wednesday October 01, 2014   Last updated 10:51AM
max
°
min
°

On Air Now | Radio Waatea

10:36am - 12:00pm
Potiki
Hinewehi Mohi
Samuels condemns Matauri arson

Share to Email
Share to RSS
Share to Print

Matauri Bay resident Dover Samuels says the burning down of a sales office used to promote sections in the far north holiday spot puts at risk a rescue plan for hapu land.

The former cabinet minister says the majority of his fellow Matauri X shareholders condemn the arson.

The culprits are believed to be a minority of whanau opposed to the plan to sell the sections to pay off a $15 million debt incurred as the result of the incorporation investing in a bottled water venture that failed.

Mr Samuels says the fire will make it much harder the market the sections.

"Who would want to buy when these threats of violence are being made to any prospective buyer of these sections and it makes the whole economics of the sale of the subdivision and there are about 180 sections in two different stages, this puts it all at risk," he says.

Mr Samuels says if the incorporation and its joint venture partners can’t sell the sections, all the Matauri X land could be lost.


Copyright © 2013, Uma Broadcasting Ltd

Comments


Post comment:

Name*
Email*
Will not be published

Maximum of 1750 characters (about 300 words)
In order to assist us in reducing spam, please type the characters you see:
spam control image
I have read and accepted the terms and conditions

These comments are moderated. Your comment, if approved, may not appear immediately. Please direct any queries about comment moderation to webmaster@waatea603am.co.nz
TWP 30092014 - Willis Katene
Willie Katene | Maori nursing graduants will celebrate at Whitireia Polytech
TWP 30092014 - Kelvin Davis
Labour MP Kelvin Davis | Weekly political overview of kaupapa
TWP 30092014 - Matire Harwood
Matire Harwood | The latest in Maori Health Reviews
TWP 30092014 - Shona Lindsay
Shona Lindsay | Inaugural quit-smoking month starts Wednesday (1st October) - Stoptober
Manako 30092014 - Pt 1 Dave Toko
Maori Warden Dave Toko | Maori Wardens Conference in Australia
Manako 30092014 - Pt 3 Boyd Broughton
ASH Spokesperson Boyd Broughton | Stoptober starts tomorrow which is a kaupapa wero to quit smoking
Manako 30092014 - Pt 4 Jeremy Taatere Mcleod
Jeremy Taatere Mcleod | Kura Reo being held in Rotorua
Paakiwaha 29092014 - Mike Smith
Anti Oil Hikoi Organiser Mike Smith | A group left The far north on Friday as the Waiho Papa Moana Hikoi that will meet in Auckland to protest mining and the Oil Summitt this week
Opportunity Lost
OPINION: It was doomed to fail said all the so called experts after the vote for Internet Mana and Hone Harawira collapsed on election night
Why a Partnership School?
OPINION: Last week it was confirmed that my organisation the Manukau Urban Maori Authority had the opportunity to start and sponsor a Partnership School.
How did it end up like this?
OPINION: I couldn’t believe what I was hearing when Mana candidate Kereama Pene said on Maori Television that he wanted Labour’s Peeni Henare to beat the Maori Party candidate Rangi McLean for the Tamaki Makaurau seat.
0
WEBAD - Fortis Cars Ad1
WaateaFuneral
 
TMP2
p waateap listenp podcastp rssp facebookp twittercontactus

Submit


Glossary

Subscribe

To receive regular updates from Waatea News.