ACC to pay $20 million to Pike families

Audrey Young reports:

Mr English said that about $5 million had so far been paid by ACC to the families, on the same basis as any other family that suffers a workplace accident or death, and that the full support from ACC would amount to $20 million when paid.

This is why we have a no faults ACC system.

New Zealand Oil and Gas has already paid $25 million since the disaster for salaries, creditors and tunnel recovery. A resolution at its annual meeting in October to pay more was lost.

There are few companies that would voluntarily pay $25 million, when there was no legal reason for them to do so.