Tag Archives: Related party transactions

Tim Hunter, NBR —Aurora/Delta, DCC and ComCom

Essential reading:

National Business Review 16.12.16
Hunter’s Corner by Tim Hunter (page 2)
Opinion: Lines companies: it’s worse than we thought

The article appears in today’s NBR print edition, available at bookstores and supermarkets, and by subscription. Short excerpt at right.

2016-12-16-16-55-48Tim Hunter has appraised the Deloitte report and the activity -or not- of the lines company Aurora Energy and ‘contractor’ Delta Utility Services. He also provides brief overview of the companies’ position as seen (problematically!) by industry regulator, the Commerce Commission. The award-winning business writer typically shows fine ability to crack code, applying thrift and plain sense in noting gross impediments to good governance and operational performance. Mr Hunter could write the book on Aurora/Delta, the ugly sisters, a true Horror Story —not the kitten tale by Deloitte, which anyway gets things rolling. As one of three investigations, Deloitte’s was always going to suffer lack of scope and independence given its commissioners:
the brothers Grimm —DCHL and DCC.

LineTech Report July 2010

█ For more, enter the terms *aurora*, *delta*, *grady*, *luggate*, *jacks point*, *dchl*, *auditor-general*, *noble*, *yaldhurst* or *epic fraud* in the search box at right.

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Image: NBR excerpt by smartphone (screenshot)

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