Today it was announced that Simon Power would become the managing director of Westpac’s very rich peoples department.
As some of you recall Simon Power announced a shock resignation in February this year and left many people wondering why as he was touted as the next PM for National if elected. Many people questioned what had happened behind the scenes and virtually no one believed that he left voluntarily.
It seems today we got our answer. Simon Power in what can only be described as a huge conflict of interest is going through the revolving door: From Minister of Justice, Minister for State Owned Enterprises, Minister of Commerce, Minister Responsible for the Law Commission and Associate Minister of Finance to managing and no doubt legally protecting those who are going to gain the most if after the next election those same state owned assets are sold off to the highest bidder.
That is of course if National wins!