I cannot believe that it is beyond the knowledge and skills and experience of the people who write contracts for "loans" like this to write in a clause that forbids crimes like this.

So, if it's not incompetence, what does that leave?

Ill will, from their political masters.

And all the shuck and jive from the PM and his Minister have yet to present one convincing argument about why this isn't so.

The list is getting longer, Justin.