fletchers/reserve bank

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IHGC ( Hotel Grand Chancellor ) is a story that needs to be told. Maybe a book someday! It will finally be announced on Wednesday (or so we are told) but its the story behind the delay that is interesting.

The tender was to RCP (project managers for council) but was passed over to CERA once they arrived. CERA is staffed entirely by Fletchers employees.

CERA delayed the announcement for a month to enable Fletchers to study the other tenders info & submit a late bid. The day it was submitted CERA awarded them the tender (yet to be announced). Fletchers price was 3 million higher than anyone else's!

But Fletchers have no intention of doing the demo, taking the risk, or putting up the bond to cover the risk. They are just appointing themselves as project managers to clip the ticket & then getting the original tender winners to do the work.

How did they get away with it?

Do a companies search on Fletchers.

They just got bought by the reserve bank!

RBNZ owns 275 million Fletcher shares while Hugh Fletcher now only has 5000. Its a SOE. A Govt department!!

They bought themselves an income stream. They direct all the profits from the recovery straight into their own pockets instead of allowing the people of ChCh to make a bit each to help them recover.

You have to admit it is clever!!

But how on earth did they keep it out of the media?: NZ's largest Co gets bought by Govt & it doesnt make even the tiniest news report? Really???

Something is rotten in the state of Denmark! (or in this case Canterbury!)

Meanwhile still no start to the demo & recovery after 3 months.

The books get fiddled while ChCh burns!

This is doing the rounds and will help you understand what a monstrous fraud is being perpetrated here:

Subject: The books are being Fiddled while Christchurch's future Burns!

Subject: FW: What is going on in Christchurch.... The real story

Here are a few questions for you to think about (oh, I'll make it easy: I
will give you the answers as well)

Q. Who appointed RCP (Resource Coordination Partnership Ltd) as Project
Managers for the management of 'critical buildings' following the February
22nd earthquake?

A .. Christchurch City Council under instructions of the NZ Government

Q ... Who appointed CERA?

A ... NZ Government.

Q .. Who appointed Fletcher Building to manage the demolition works and
then, reconstruction works?

A . NZ Government firstly, then CERA

Q .. Who is the main single shareholder of Fletcher Building?

A . NZ Government. if in doubt check
http://www.business.govt.nz/companies/app/ui/pages/companies/1104175/shareho
ldings
then
http://www.business.govt.nz/companies/app/ui/pages/companies/644859
then
http://www.business.govt.nz/companies/app/ui/pages/companies/644859/sharehol
dings

Q . Who called for the tenders for the demolition of the Grand Chancellor?

A .. RCP

Q . Who was/is to be the Principle to the demolition Contract (i.e. the
Payer)

A ... The Crown (NZ Government).

Q . Who assessed the Tenders for the Demolition of the Grand Chancellor?

A .. RCP

Q .. Who has been awarded the Grand Chancellor job (at whatever price and/
or conditions)?

A .. Fletcher Building

Q .. Who will make the profits?

A .. Fletcher Building (and it's Shareholders)

Q ... Who is the main shareholder of Fletcher Building? (I know, I already
asked this one, but it could be a trick question)

A ... NZ Government (no trick question, sorry)

Q . Who has been blind-sided?

A .. Everyone involved in the (supposed) tender process firstly, but more
importantly, the people of Christchurch and New Zealand who thought that
they lived in a first-world economy.

Q ... What are the ramifications?

A ... Immediate loss of confidence by all independent Consultants and
Contractors in the tender process if CERA, RCP or Fletcher Building are
involved jointly or singularly in a government sanctioned role, for fear of
a continued potential for a monopoly and huge profiteering there from.

Q .. Who are the winners?

A .. Fletcher Building and the NZ Government, along with the other
Financial institutions that form the majority shareholders in Fletcher
Building.

Q. Who are the losers?

A . The property owners, their tenants, clients and customers, along with
everyone in New Zealand who believes in a 'level playing field', all the
people of Christchurch, and all the people of New Zealand that have
supported, volunteered their time and/or donated their hard earned, tax-paid
monies to the recovery following the devastating events of February 22nd.

Q ... What should I do?

A ... If you care about living in a democratic, free market and transparent
economy, please send this on to everyone in your email address book. Let
the 'spin doctors' work, but truth will prevail; let the 'cards fall' as
they will.

As New Zealanders, exposure of this rout is our best protection. All New
Zealanders are either being robbed here, or by doing nothing are part of
this robbery. Which are you?

WHAT CHANCE DO THE VICTIMS OF THE EARTHQUAKE HAVE eg
Apex car rentals there quote for demolition $50,000
CERA(fletchers)$150.000 because of OSH costs etc etc

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