It is interesting how stories come back to bite governments on the bum when they attempt to cover them up.
Remember how Steven Joyce told us the funding was a a result of an approach by the RBA. We now know that is not true.
Remember how Joyce indicated the funding was spread around the broadcasting community. We now know that over 99% of the funding went to his old company Mediaworks.
And John Key denied involvement. Said in reply to a parliamentary question that he hadn’t discussed the issue with any Mediaworks executive. Now he has admitted discussing it with the Mediaworks CEO.
And that resulted in the $43m sweetheart loan.
It is a bit like the BMW story, he is either exceptionally sloppy and has a very poor memory or he doesn’t tell the truth.
And better still there is more to come.