Ann: Findings of Corporate Review, page-32

On Grant Thornton.

"Accountability is the responsibility of either an individual or department to perform a specific function in accounting. An auditor reviewing a company's financial statement is responsible and legally liable for any misstatements or instances of fraud."

I think we are seeing gross incompetence, potentially bordering on fraud by former BGS BOD's.

I'm sure they cannot just walk away scott-free after this debacle.

ASIC will definitely be looking into this, and could force their hand.