Last night the Minister of Transport Steven Joyce told us the owners of the Rena were liable for about $12 million to cover the cost of the clean up, and he was right.
That is the maximum they have to pay under law.
It is a formula worked out according to the size of the ship.
But in 2008, a select committee determined the formula was out of date and recommended it be changed to get more money out of the ship's owner.
But, the law was not changed.
If it had been, the shipping company would now have been liable for more than twice the $12 million it now stands to pay.
But that is money we have to come up with instead.
Mihingarangi Forbes has this report before Steven Joyce joins Campbell Live in the studio.
Watch the full video
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