Forensic accounting audit?
You're not going to get one. The Govt. is not in the business of doing forensic audits on publicly listed Companies. Yes, we'd all like for there to be one. It's wishful thinking though, that is all.
If the govt. was going to give a loan or loan guarantee of some sort then perhaps they might have had a really close look at the books, but as they aren't going to do that at this point in time there will be no forensic audit.
Unless the major institutional investors are finally convinced that AJ and Co are clueless and get rid of him and the board Qantas is f*&%$d!, unless of course you subscribe to the conspiracy theory that he is doing what the Instos want!!
More probable though is that he's out of his depth, the rest of the Board don't have a clue, the Polies are mostly useless oxygen thiefs and the Instos simply don't care; its not their money at risk anyway. They always win!
