The Provincial Growth Fund came quite close to spending thirty million dollars on buying stakes in two airlines to allow them to scale up their operations. At the last hurdle though the funding decision fell over.
Thomas Coughlan from Newsroom has uncovered the story of this latest chapter in the life of the PGF and he's in the Wellington studio to explain what's going on.
New Zealand First MP Shane Jones answering media questions Photo: VNP / Phil Smith
