The applicant also relies on an instruction given by Mr Lee on 3...

The applicant also relies on an instruction given by Mr Lee on 3 March 2023 to the then CFO of the respondent to transfer an amount of AUD$2.25 million from IOU Asia to the respondent, being the parent company. The CFO refused to make that transfer and his employment was terminated for that reason, perhaps among other reasons. Mr Lee gives evidence that his understanding was that the payment of that $2.25 million would have come out of the surplus funds which were then thought to be held in the Thomas Philip trust account.Is this the spark that set this off……