Questions marks surround whether benefits from Crown Regional Holdings investments have been assessed properly.  

More than half of their $433 million loan book is now considered at risk of —or currently in— default. 

Most of the portfolio covers the Provincial Growth Fund and the current Regional Infrastructure Fund.  

Infrastructure NZ Chief Executive Nick Leggett told Mike Hosking we've got to keep demanding accountability from these investments. 

He says we need to better understand why these investment decisions have been made. 

LISTEN ABOVE 

Questions marks surround whether benefits from Crown Regional Holdings investments have been assessed properly. &nbsp;
More than half of their $433 million loan book is now considered at risk of —or currently in— default.&nbsp;
Most of the portfolio covers the Provincial Growth Fund and the current Regional Infrastructure Fund. &nbsp;
Infrastructure NZ Chief Executive Nick Leggett told Mike Hosking we've got to keep demanding accountability from these investments.&nbsp;
He says we need to better understand why these investment decisions have been made.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Nick Leggett: Infrastructure NZ CEO on half the Crown Regional Holdings investments risking defaulting

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0710f0c0-e194-493f-af76-b3ec0139d59e/transcript