Quotewhether Ferrier Hodgson plans to call in any loans that the...

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whether Ferrier Hodgson plans to call in any loans that the company had made to its two main subsidiaries, MicroMedical Industries and VentrAssist, which are not in administration and apparently have enough cash to operate for several months.

At the start of the 2008 financial year, Ventracor had $23.6 million in outstanding loans to subsidiaries and advanced a further $6 million throughout the year. However, the financing appears to have been written off, with the company's most recent annual report listing a $41 million charge classified as "impairment of loans".

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1) Loans totalling 29.6 (23.6 + 6) Million.
2) A write-off of 41 Million.

These OUTSTANDING loans are NOT being called-in.
1) Is there any question where our money has gone?
2) Is there any question regarding foul-play??

The phrase "a can of worms" just does seem to cover it!!