Prime Minister John Key has declared he once owned a stake in a racehorse, a week after NZ First leader Winston Peters faced controversy over his share in a racing syndicate.
Key said he owned the horse, which he dubbed a “donkey” due to its lack of racing success, as part of a syndicate with nine other people.
Key bought his share in 2007 and sold it in 2008. He never thought to declare it in Parliament’s register of pecuniary interest until he was asked about it by media, he said.
“I can’t see why I’d need to declare it, but honestly it’s so long ago I can’t really be bothered going through the arguments so I’ve declared it.”
Key said the horse was a failure and said he had never kept his prior ownership a secret.
“It should be more correctly referred to a donkey than a horse.
“I think it managed to win one race where everyone else was running in the other direction and it now lives in Noumea – apparently, hopefully, a happy life.”
Winston could learn some lessons about about how to deal with questions over racehorse ownership!
I await Campbell Live revealing that John Key’s former donkey is in fact Player X in the cricket match fixing scandal!