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Country’s largest iwi group has yet to settle with the Crown. The Crown has established an investment fund for the country s largest iwi to house assets obtained in Treaty of Waitangi negotiations. The first of its kind fund has initial capital of $150 million given by the government, and part of its annual revenue will be used for grants to ngā hapū me ngā uri o Ngāpuhi (Ngāpuhi) for social development and building governance capability. The Ngāpuhi Investment Fund Ltd was formally constituted in December 2020 as a Crown-owned company under Schdule 4A of the Public Finance Act and will trade under the name Tupu Tonu – which translates as ‘prosperity in ....
Waitangi: Ngāti Hine leader Waihoroi Shortland calls on Ngāpuhi to step up 4 Feb, 2021 03:04 AM 4 minutes to read Social issues reporter, NZ [email protected] A leader of a Ngāpuhi hapū long seen to block progress on the collective iwi s Treaty settlement process has delivered a stark message for his people to step up. The comments, from Te Rūnanga o Ngāti Hine chairman Waihoroi Shortland, were in response to this week s announcement of a $150 million investment fund in a step towards Ngāpuhi finally reaching a settlement for Crown breaches of Te Tiriti o Waitangi/The Treaty. ....
$150m fund established for Ngāpuhi while negotiating Treaty of Waitangi claims 1 Feb, 2021 10:28 PM 3 minutes to read Minister for Treaty of Waitangi Negotiations at the upper marae at the Waitangi Treaty Grounds in 2020. Photo / Michael Cunningham Minister for Treaty of Waitangi Negotiations at the upper marae at the Waitangi Treaty Grounds in 2020. Photo / Michael Cunningham Political reporter, NZ Herald@AmeliaJWade A $150 million investment fund is being established for Aotearoa s largest iwi, Ngāpuhi, in a step towards finally reaching a settlement. The Ngāpuhi Investment Fund Limited will be a new Crown company which will grow a portfolio of assets which can be offered to the Far North iwi in negotiations. ....