Now we have the other side of the story

In the Cairns Post dated 24 October, 2014 Mr Fung had criticised the  government for taking too long with the probity and had this to say:

ANGRY: Tony Fung is threatening to axe the Aquis mega-resort unless his takeover bid for the Reef Hotel Casino (pictured) is completed by the end of November.

Mr Fung also made the following statement:

Mr Fung also stated he announced his bid for the Reef Casino on November 13 last year.
The following information seems to over-ride his statement:
The Liquor and Gaming Regulation Commissioner David Ford stated the probity investigation started on March 5, not a year ago.
People started questioning the delay but then on Saturday November 24, 2014 the other-side of the story appears:
Gaming regulator blames Fungs for Reef Hotel Casino Cairns probity hold ups

The story then goes on to say:

AQUIS boss Tony Fung has been blamed for holding up the probity investigation of the Reef Hotel Casino takeover by missing three formal interviews with Queensland gaming officials.

In a letter obtained by The Weekend Post, Liquor and Gaming Commissioner David Ford has told the Hong Kong billionaire that Justice and Attorney-General department executive director Michael Sarquis had written to Aquis setting out “in considerable detail the outstanding matters of which the Office of Liquor and Gaming Regulation is presently aware and the information which is required to resolve them”.
“Moreover, it stresses the importance of the three outstanding interviews that have recently been deferred at the request of Aquis.
"Only once these have been completed and any remaining issues arising from them resolved can the OLGR report be finalised and the request (for approval to acquire the casino) progressed.”
Mr Fung has warned that unless he receives probity clearance for the Reef casino by Friday next week he will “seriously reconsider” any further investment in the Yorkeys Knob project.
He said the casino takeover offer would lapse on November 28 if not all conditions, including probity clearance, were met.
The takeover is linked to his $8.15 billion Aquis integrated resort project. He wants to float both as one entity on the Hong Kong Stock Exchange in 2016 to raise capital for the resort, but needs a full 12-month trading period before listing.
In the letter, Mr Ford said the deadline had been “challenging for some time and is now logistically impossible”.
One has to ask if that if the application was carried out in a professional manner why would the Fung's miss or defer three interviews especially when they are hell bent on getting the probity approved.
What has the Commissioner found or come across that is so concerning and why did the Fung's miss or defer not one but three formal meetings.
The Liquor and Gaming Commissioner David Ford has a job to do and if it takes 12 months so be it and if something went wrong following approval the Commissioner would be howled down residents.
Finally, all MP especially local MP's should not be making any comment on this issue especially while there is an investigative process going on.
Threats do not achieve anything especially dealing with governments and their agencies.
It is also interesting to note that the story has been removed from the main Post web page http://www.cairnspost.com.au/
So it would appear the no one can post comments on this story very convenient.

Will it go ahead that is the 64 million dollar question, probably not.