Te Ohu Kaimoana to be restructured as iwi takes control of AFL shares

Thu, 04 Jun 2015

By Suze Metherell June 4 (BusinessDesk) - Iwi have voted to keep Te Ohu Kaimoana, the Maori Fisheries Commission, while taking full control of Aotearoa Fisheries voting and income shares in a move which will see oversight of its $543 million in fishery assets restructured. The 2015 independent review of the Maori Fisheries Settlement by Wellington barrister Tim Castle recommended that TOKM, which oversees Aotearoa Fisheries, be wound down with power returned to iwi groups for management. In response to Castle's recommendations, TOKM appoi...

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