Opportunists given the arse card

Michael Fay’s opportunist Maori mates have been given the arse card by the courts:

Chinese company Shanghai Pengxin hopes to settle its purchase of the 16 North Island Crafar farms before early December, after the Supreme Court threw out the last obstacle to the deal, an appeal by Maori trusts.

Pengxin, preferred bidder of KordaMentha, receivers for the dairy farming estate, has had to wait through 18 months of legal challenges and protests against the purchase, which ended today when the court refused to allow a further legal appeal by central North Island iwi.

Tiroa E and Te Hape B Trusts, which have been negotiating unsuccessfully to buy two of the Crafar farms at Benneydale, considered ancestral land, had asked the Supreme Court for leave to appeal Pengxin’s purchase consents by the Overseas Investment Office and the Government, upheld by the High Court and Court of Appeal.

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