MEDIA RELEASE FROM CRAIG INGRAM MP - MEMBER FOR GIPPSLAND EAST Issued: Monday 17th December 2007

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Snowy Hydro should remain in public hands: Ingram

The Independent Member for Gippsland East, Craig Ingram, has called on Snowy Hydro Limited (SHL) to stop their constant complaining over their desire to be privatised.

“There is nothing worse than a bad sport and Snowy Hydro exhibits all the characteristics of poor sportsmanship,” Mr Ingram said.

“The people of Australia have rejected SHL’s privatisation agenda, the three shareholding governments finally rejected the privatisation, yet Snowy Hydro just doesn’t get it.

“The Australian public who own the scheme don’t want SHL flogged off and no amount of carping, whingeing and whining should convince the shareholders who are the people of Australia that it should be sold.

“If Snowy Hydro spent more time worrying about the abysmal way they have treated the Snowy River and other rivers affected by the scheme, and then asked themselves why they have failed to deliver on the government promises and commitments made to the rivers, they may get more sympathy from those living downstream from their dams.

“It’s time Snowy Hydro executives started acting like the employees of a government business - which they are - and stop pining for that fat cat corporate salaries that a privatised entity may deliver them,” Mr Ingram concluded.