UPDATE: MBIE officials grilled on terms of Westland Milk loan

UPDATE: MBIE officials grilled on terms of Westland Milk loan
Jenny Ruth
(Updating with details of Westland's bank debt at end of story) By Jenny Ruth Dec. 13 (BusinessDesk) - Not knowing how much interest Westland Milk is paying on its $9.9 million loan from the government’s Provincial Development Fund leaves parliamentarians no means of assessing how much of a subsidy the dairy company is getting, said National MP Paul Goldsmith. Goldsmith repeatedly grilled representatives from the Ministry of Business, Innovation and Employment, which administers the $3 billion fund, about details of the loan and the in...