Friday, September 30, 2016

More cronyism

National has appointed former National MP Tony Ryall to chair Transpower:

Former Health Minister Tony Ryall has been appointed as the next chair of grid operator Transpower.

The appointment was announced by Finance Minister Bill English and State Owned Enterprises Minister Todd McClay.

Ryall is currently a director of Transpower and will take over as chair on November 1.

I guess National doesn't think that the gold-plated parliamentary retirement scheme is enough, so instead try and use public-sector sinecures as a bonus retirement package. It is an abuse of power and nothing more than theft from the public purse to line their own pockets.