There are any number of avenues for the hapless Opes clients to pursue but it is the last $95m the ANZ used to secure themselves first and to hell with everyone else that seems to be coming in for attention from reading the Ferriers report.
At the creditors meeting the Ferriers people were nothing short of dismissive. Dismissive of the $95m to secure ANZ's position, protective to a degree of colleagues at E & Y, Mallesons perceived conflict,.....etc.
Now they have had a chance to do some delving it is heartening to see them eager to pursue and attain some truthful answers.
Believe me the $95m to secure all of ANZ's known bad position and the circumstances around it would be a central part for any one fighting the bank.
