CDHB chairman declares possibility of 'perceived' conflict
Government-appointed Canterbury District Health Board chairman Murray Cleverley has declared his directorship of a company which recently purchased a building leased to the CDHB.
He doesn't believe there was any conflict of interest but there may have been a "perception" of conflict.
The executive assistant governance Canterbury and West Coast District Health Boards, Kay Jenkins, said Cleverley informed the CDHB facilities committee on August 1, and the board in a public-excluded meeting on August 18 "there could be a possible perceived conflict of interest".
* Murray Cleverley to stand again in health board elections
* 'Mums and Dads' offered investment in revamped central Christchurch buildings
"This is not listed in the interests register (of the subsequent minutes) as he does not consider it to be an actual conflict of interest," Jenkins said.
But Jenkins said that since June 2016 "Silverfin Capital Limited – Director" had been listed in Cleverley's interests on the interest register which is normally listed at the top of each board meeting minutes.
Cleverley is a director of private syndication company Silverfin Capital which is buying the property at 32 Oxford Tce that is leased by the CDHB for corporate services.
He said the lease to the CDHB was signed about a year ago and he had nothing to do with it.
He only learned about the proposal to buy the building when Silverfin managing director Cheryl Macaulay told him and the other company director just before the August 1 facilities committee meeting, he said.
It would have been different if he had been involved in the leasing arrangement a year ago, Cleverley said
He noted his involvement in several companies including another property syndicator over several years.
"I've been around a long time. I know directors' obligations." he said.
The building leased to the CDHB, plus another in Victoria St were purchased by Silverfin for a combined $58 million.
Silverfin is syndicating the building to investors in parcels worth $50,000 each.
Cleverley is also an elected member of the South Canterbury District Health Board and is standing for re-election.