hastie in receivership, page-13

If the due diligent done last year for the 1st recap failed to uncover this accounting irregularity, then my question is who uncovered it now? The timing seems uncanny. Who's behind this?

And why is one of the international group 'scared' away? By what or whom? If they have been able to uncover this irregularity when others have failed one would think it's just a matter of working through the rest of the book and revise the proposal accordingly. Why should they be 'scared' away? It smells too fishy to me.