Millions of Territory taxpayer dollars have been wasted on the proposal to manufacture amphibious aircraft in the Northern Territory, with the Chief Minister announcing the project is currently in limbo as the government attempts to claw back millions from Amphibious Aerospace Industries, which is allegedly only operating out of the United States currently.
Lia Finocchiaro made the announcement on Mix 104.9 Monday morning, stating that the government has recouped a $2 million loan it provided the company, but is still on the hook for more than $3 million in equity the previous Labor government invested directly in the company.
What a surprise! Labor have a poor record at backing losers with taxpayer funds. $10 million for bottled water . EVAPORATED!
Many millions more lost supporting a prawn farm. FISHY business from the start! Topped off with an aircraft factory that is unlikely to get off the ground and now looks like it has flown the coop with our cash.
Now there’s a blast from the past, Andy Cowan (lol) ex teacher who became NTG ALP Gunner & Manison’s lapdog to lie, lie,lie whilst millions of tax-payer funds were funnelled into dodgy accounts like AKUNA Water, Rex Airlines, solar panel companies.
Is there still hope Gunner & Fyles could be tried for mandating a COVID spiked protein/gene therapy that was neither safe nor effective & causing myocarditis & other life threatening diseases? Many class actions are before the courts down south? Because they defrauded NT finances & future.
I can’t believe why they just didn’t go ahead and buy the Sydney Harbour Bridge! after all it is a visible product and currently working quite well!
But its not funny. Not funny at all.