DCHL

The Dunedin City Council was giving little away yesterday after meeting behind closed doors to discuss Dunedin City Holdings Ltd (DCHL)'s annual $8 million dividend payment shortfall.

Dunedin Mayor Dave Cull has stuck to his claims the board of Dunedin City Holdings Ltd was responsible for formally acknowledging it could not provide the money required by the city to pay its debts.

Attemps to sell the struggling Dunedin City Council-owned company Citibus have finally been confirmed, and a condition of any sale could secure the future of drivers.

Dunedin city councillor Lee Vandervis says holding Monday's extraordinary council meeting with no report for councillors to read beforehand is both "illegal and immoral".