"Siebruk Orbital is registered in Zurich, which gives total anonymity for the owner," said Julia. "But the Sanger which launched the module was a Lufthansa charter. It was put up ten months ago, which, incidentally, fits the timing perfectly. Payment for the flight came from Siebruk Orbital's company account at the Credit Corato bank in Italy. All perfectly legal and above board. However, the di Girolamo family finance house has a thirty-five per cent stake in Credit Corato. It's supposition, of course."

"Has to be," Philip said softly. He was looking at something off screen, wistful.

Victor Tyo activated the terminal on the table in front of him, the cubes lit. "After Greg came to me with this, I ordered a review of data from our Earth Resources platforms, specifically the oceans under Zanthus's orbital track. There are three designated areas for waste dumps, all over water in case burn-up isn't complete. Two over the Pacific, one over the Atlantic." An image formed in one of the cubes, a white dot on a blue background. The dot began to move, trailing a white line behind it. After a minute the centre of the image was a near-solid blob of white. "What you're seeing is a movement record built up over the last two months of a ship in the Atlantic, two hundred kilometres east of the waste dump area. As you can see, it stays within a patch of ocean about fifty kilometres in diameter. We did a computer simulation of a non-lifting-body profiled descent trajectory, two hundred kilometres is well within the established criteria. I believe the ship is Mr. di Girolamo's recovery vessel." The cube display changed, showing an overhead view of a ship at sea. "This was taken at first light this morning with a platform's high-definition photon amp." The angle of the cube image shifted in increments until the ship appeared to be leaning over at forty-five degrees. The name Weslin was visible on the side.

"According to Lloyd's data core, Weslin is owned by MDL Maritime," Julia said. "MDL Maritime is another Zurich-registered company. Credit Corato handles its account."

"Bingo," Morgan Walshaw said quietly.

Philip's eyes found the camera, looking down at Greg. Confusion distorted his enervated features. "Why?" he asked. "Kendric di Girolamo has a large legitimate financial interest in Event Horizon through his family finance house. He was hurting himself with the spoiler."

"The spoiler made him forty-eight million Eurofrancs; and as to Event Horizon's suffering, he wouldn't lose a thing, not in the long run," Greg said. "You see, he wasn't looking to make a killing from the crystals directly, they were a means. With Event Horizon's declining profits on top of your health situation he would have gained enough leverage with the other members of the backing consortium to have himself appointed to the board of trustees you've arranged to run Event Horizon until Julia comes of age."