Williams resigns off boards

On Agenda this morning John Key was asked whether he thought should go off all his Government boards, and Key said yes.

To give credit to Williams, he has taken the hint and resigned, according to Radio NZ:

Mr Williams says he was advised by the agency that oversees Crown owned companies, the Crown Company Monitoring Advisory Unit or CCMAU, that his resignation was expected by ministers in the new government.

Mr Williams says he has now resigned from Genesis Energy, the New Zealand Transport Agency and GNS Science.

He says the only complication is that he needs to have his name removed from an upcoming $150 million bond issue by Genesis.

Mr Williams says otherwise he would have liability, without accountability, for the bond issue.

I don’t think being Party President per se meant he had to resign. People such as former Deputy Leader David Caygill give very good service. It was Williams involvement in trying to smear John Key with the H-Fee that made his continued service impossible – in my opinion.

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