Two corporations, Todd (Shell/BP/Todd) and US-based Marcona …
Years: 1970 - 1970
Two corporations, Todd (Shell/BP/Todd) and US-based Marcona Corp., allegedly aid Japanese conglomerates Mitsubishi and Mitsui in purchasing rights to New Zealand ironsands from the Muldoon exchequer.
Todd receives the sole New Zealand franchise for Mitsubishi vehicles.
Muldoon’s ministry awards Mitsui’s Oji Paper Co. a lucrative 320 million cubic foot Kinagoaroa Forestry contract with Carter Holt.
