Senior Cabinet minister Michael Wood has resigned his portfolios after the discovery of conflicts of interest. Read more at straitstimes.com.
WELLINGTON - New Zealand’s ruling Labour Party has lost a third minister in the space of three months, weakening its claim to be a safe pair of hands ahead of a general election in October.
“When I stood Michael down as Transport Minister, I asked him if there was any other relevant information I should know about and he indicated there was not,” Mr Hipkins said. Mr Hipkins said he was alerted Tuesday to Mr Wood’s additional shareholdings, held in a family trust, of which he is both a trustee and a beneficiary.
“That was not disclosed in any of the conversations Cabinet had around a market study into banking or other relevant Cabinet conversations,” Mr Hipkins said.Grateful Ardern makes last bow as New Zealand PM, denying quitting due to vitriol
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