P.M. to back allegations
PA Wellington A spokesman for the Prime i Minister says Mr Lange I intends to back allegations of a second Maori Joans scandal after criticism that he overstepped the mark.
Mr I Lange’s prediction late last year of a second loans affair has come under fire since the issuing last Friday of an Audit Office report. The report investigated a $390,000 loan made by the Mana sub-committee
of Te Arawa Maori Trust Board to Whakaari Developments, Ltd, to buy a kitset home business. A Rotorua businessman, Mr Rocky Cribb, a key figure in the first loans affair, was linked in i a memorandum with plans to negotiate a $5OO million Japanese loan. | But in the report, Mr Cribb told the Audit! Office that mention of multi-million-dollar loans had been made “only! in I a light-hearted manner." I
The report said Mr Cribb had been to Japan, but this was to explore unrelated business opportunities. |
Mr Lange said the remark was not lighthearted' at all, his press secretary, Mr Mervyn Cull, said yesterday.
Mr Cull said Mr Lange suggested there was more to come yet on the issue, and he would back his suggestions of a second loans scandal.
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Press, 8 March 1988, Page 6
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202P.M. to back allegations Press, 8 March 1988, Page 6
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