The Hubbard investors are planning to take a possible legal action against the Government, and for the same, they are to discuss the issue with the lawyers today. It was on June 20, when Commerce Minister Simon Power had put the companies Aorangi Securities and Hubbard Managed Funds along with seven more charitable trusts into the statutory management.

With this, almost $120 million of investors' funds had been frozen. Mr. Hubbard defended his side of story, and showed distress over the freeze of the investor's money in his Company, which were mostly their life savings, and they have to now face brutal monetary hardships.

After this, the Serious Fraud Office initiated a probe into this matter, the results of which are due to come by next week. This investigation is expected to prove that South Canterbury businessman Allan Hubbard has committed a serious fraud. If this happens, then the Southern National MPs will have to answer some real hard questions put forward.

The supporters of Mr. Hubbard and his wife, Jean will shell out their anger on three main MPs, Rangitata MP Jo Goodhew, Waitaki MP Jacqui Dean and Clutha-Southland MP Bill English. When this decision of putting Mr. Hubbard's Company in statutory management was taken, at that time, Mr. English was Acting Prime Minister.