It is understood Mr Bondi is looking for around &euro50m

It is understood Mr Bondi is looking for around €50m.Speculation has grown that Mr Bondi plans to break up the business and sell assets piecemeal. He also denies responsibility for covering up an €8bn black hole.Likewise, what will happen to Parmalat itself is still not known. Parmalat’s founder, Calisto Tanzi, who was arrested two days after Christmas, has admitted moving €500m (£351m) around the company, but insists it was to keep it afloat. Either way, it is not a bad pace of events for a country usually associated with red tape and bureaucracy.Yet who is to blame – and, indeed, what even happened – is still a long way off being established.

Answers are unlikely to come as quickly as the arrests, even if those embroiled are co-operating. Whether there is pressure from the Italian Prime Minister Silvio Berlusconi, who wants the EU to allow some form of state rescue package, is not known. While administrator Enrico Bondi attempts to unravel Parmalat’s complex finances, prosecutors have been keeping busy by arresting a raft of top executives. Another week passes, and yet more scandal emerges from Italy. As one source points out: “They [the prosecutors] said they were going to talk with about 20 different people, and I would be a little bit surprised if they are finished.”The prosecutors are moving with speed, putting the investigations into US scandals such as Enron and WorldCom to shame. The Queenslander was among celebrities at a barbecue hosted by the Prime Minister, John Howard, when President Bush visited Australia in October.Irwin, who subsequently described Mr Howard as the “greatest leader in the entire world”, has been nominated as Australian of the Year..

“I would be considered a bad parent if I didn’t teach my children to be crocodile savvy, because they live here, they live in crocodile territory,” he said.Robert’s five-year-old sister, Bindi, received a similar baptism at a tender age, and has also been filmed swimming with a giant python. Yesterday she was back in the water, wearing goggles and inflatable armbands, presented to the crowd as “croc bait”.Until Friday’s incident, it seemed Irwin could do no wrong. “In front of that croc, I was in complete control.” Asked what would have happened if he had fallen, he said: “For that to take place, a meteorite would have had to come out of the sky and hit Australia, 6.6 on the Richter scale, like Iran.”While Irwin apologised, he did not seem particularly contrite. Queensland police visited the zoo, although they did not lay charges, and the government said it would examine unedited tapes to see whether workplace safety laws had been violated.Irwin, a perennially exuberant, khaki-clad figure, denied putting the child’s life at risk “It’s all about perceived danger,” he said. He dug it.”The footage prompted a flood of complaints from viewers and child welfare groups. Television footage showed her laughing as Irwin held the infant – not yet old enough to support his own head – a few feet from Murray’s enormous jaws.Afterwards she said: “It was a wonderful sensory experience for him.

After the crocodile snapped up the meat, he told the baby “Good boy, Bob,” and held him up in the air like a trophy.To gasps from onlookers, Irwin – whose danger-fuelled television wildlife show, Crocodile Hunter, has been a hit around the world – then “walked” his son to the reptile’s pond, while the crocodile looked on.Earlier, Irwin, who starred in a feature film called The Crocodile Hunter: Collision Course in 2002, told the crowd at his Australia Zoo reptile park north of Brisbane: “He’s one month old, so it’s about time Bob got out there and did his first croc demo.”That was the cue for Irwin’s American wife Terri to walk into the enclosure and hand him the baby. “One slip, one fall, and the child would have been lunch for the croc,” said Bill Muehlenberg of the Australian Family Association.In bizarre scenes reminiscent of the incident in which Michael Jackson dangled his new-born baby from a hotel balcony in Berlin in November 2002, Irwin proffered a dead chicken to a 13ft-long crocodile named Murray while holding Robert under his other arm. But his latest stunt, in which he hand-fed a giant crocodile while cradling his month-old baby under one arm, has come back to bite him. The daredevil exploits of Steve Irwin, Australia’s “Crocodile Hunter”, have made him a millionaire and an international celebrity. A plane was due to arrive overnight with relatives of the victims, however, and Sharm el Sheikh’s relative insulation from the horrors of the outside world was unlikely to last..