MR KAHANOVITZ
Now, in explaining how money had been spent, let's assume for argument's sake that you have pocketed certain of those funds and that the projects that you are referring to, never existed, they were invented in order to obtain money from your superiors, you in fact kept money and you never gave it to Peaches or Ismail and when asked to explain where this money had gone to, you decided to blame what had happened, on theft by these gangsters, what do you have to say about that theory?