South Canterbury Finance Limited

[Enumerate]

Try explaining his statement, Enumerate and we will continue the discussion.

Where are the facts?

Clearly, the SFO has a position on all of this. However, why is this basic "fact collecting" occurring under an order of Statutory Management? The Statutory Manager has presented little more than hearsay - heavily qualified with "mays" or " appears".

It is also interesting to note that no formal charges have been laid.

I don't have a copy of Allan Hubbard's journals. How can I respond to statements you make when you yourself have no evidence.

You are, at best, amusing yourself with idle speculation.

The matters that we can comment on - such as questions as to "why this process is being conducted under statutory management?" and "surely these matters could be dealt with under the Securities Act or the Companies Act?" - your contributions are, frankly, less than insightful.