I have read most of the reply from WTG. I can't claim to have...

I have read most of the reply from WTG.

I can't claim to have understood it all in detail (having not read the initial suit by SGH), but quite a few things seemed to stand out ....

1. The biggest problem with the SGH case is what Grech, Skippen, etc have said. They have basically told the world how awesome SGH is and how they know everything about everything.

2. EY were advisors to SGH. EY had access to everything including PwC's knowledge base.

3. There is some pretty damning allegations as to what Grech knew and how he basically ignored things and did a deal. Seems to me he just wanted to play the King.

I can only speculate that SGH will recover what is in escrow. But nothing else.

Interesting times ahead.