The early and lengthy Report today is essential reading for...

The early and lengthy Report today is essential reading for Investors.I quote a crucial comment.
'Ferrier Hodgson recommended that further investigations be conducted into several transactions and events in relation to Great Southern.

They included Project Transform, which was a business restructure program announced by Great Southern in August 2008, aimed at creating a more sustainable business that was less susceptible to regulatory uncertainty.

Further investigations were also recommended into the acquisition of the Great Southern loan book by a company called JAM, the source and application of MIS funds, disclosures in relation to MIS project harvests, and other matters.'