Ann: Financial Review apology to N J (John) Karantzis, page-43

Is it apology to be honest?

“We understand you considered the article suggested you were aware of or involved in money laundering. The Financial Review did not intend to make such an allegation and if any readers took the article to mean that it retracts them.”

So AFR is standing by their comment of ISX being money laundering colony but they say they didn’t mean JK knew or involved in that money laundering activities.

I interpret it ‘no win’ at all and in absence of the settlement details in fact, it could be a loss in disguise.