Maoris’ claim fails
PA Wellington Taranaki Maoris’ claim to stop;the Government’s sale of its Petrocorp shares was struck! out in the High Court in Wellington yesterday.
Mr Justice Ellis said Taranaki Maoris’ case could hot possibly succeed. I
The had wanted to stop the share sale to Fletcher Challenge which is due for settlement on March
31. ) iTaranaki Maoris say possible compensation for their land claims may be thwarted if the Petrocorp shares i are no longer under the Crown’s control.
The Minister for Stateowned i Enterprises, Mr Prebble, said the Government was delighted the Court had found in its favour [and the way was now clear for the sale of Petrocorp to Fletcher Challenge. [No-one in the history of New Zealand had 'done as much to recognise the Treaty: of Waitangi and genuind Maori grievances as the present [Government, Mr Prebble said. . Any I claims that the Taranaki Maori [ people had could now be heard in the [correct forum, the Waitangi Tribunal. j
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Press, 18 March 1988, Page 2
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164Maoris’ claim fails Press, 18 March 1988, Page 2
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