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The Deed of Settlement to settle Taranaki Iwi’s historical Treaty of Waitangi claims was ratified by Taranaki Iwi members and signed by Te Kāhui o Taranaki Trust Trustees and the Crown at Puke Iti Gardens on Saturday 5 September 2015.
Alongside the $70 million quantum, the Deed of Settlement will see 29 properties vested in Taranaki iwi, which includes former railway lands, current and former schools, Cape Egmont conservation sites and the Rata Pihipihi Station. Ngāmotu Islands or Sugar Loaf Islands will be vested jointly in Taranaki iwi and Te Atiawa and the Right of First Refusal and Shared Right of First Refusal with Ngaruahine and Te Atiawa will also apply.
Along with the cash, an agreed historical account of the Crown’s actions against Taranaki iwi and an apology also formed part of the settlement package.
On Wednesday 16 March 2016 the Taranaki Iwi Claims Settlement Bill passed its first reading in parliament which also began the enactment process of the Taranaki Iwi Settlement.
Tokatumaoan Walden, Chairman of Te Kāhui o Taranaki Trust, states that “This [settlement] will put a lot of the maemae behind us and while we will still acknowledge the past the settlement allows us some choice to move forward with optimism as well as opportunity to build a more prosperous future for our people”
With the majority of the cash quantum now sitting with Te Kāhui o Taranaki Trust, the trustees of Te
Kāhui o Taranaki Trust have established its commercial subsidiary called Taranaki Iwi Holdings Limited Partnership and appointed a number of experienced and high calibre Directors who are responsible for the management of the financial redress received from the settlement.
This in turn brings the Te Kāhui o Taranaki Trust to proudly make its next announcement:
Te Kāhui o Taranaki Trust is happy to announce that we have appointed Wharehoka Wano as our new Tumuwhakarito (General Manager) for the Post Settlement Governance Entity. The Trust is really excited about this appointment as Wharehoka brings with him many skills, networks and cultural integrity to this important and pivotal role in moving Taranaki Iwi forward.
Wharehoka has been working in the Education sector for over 20 years and has provided strong leadership in the promotion of Te Reo Māori me ona Tikanga, Matauranga Māori and has further established a wide range of strong networks that will benefit Taranaki iwi on both a regional and national scale.
Tokatumoana Walden is ecstatic with the appointment of Wharehoka to the new role starting in July 2016 and states that “to appoint one of our own uri into this important role, furthermore one with exceptional integrity, bodes extremely well for Taranaki Iwi. Te Kāhui o Taranaki Trust have established a robust strategic direction for the next 5 years and we look forward to working alongside Wharehoka to realising strong outcomes for Ngā uri o Taranaki.”