I thought we explained all that at CAS? Well, certainly for the e-mails that were under scrutiny at CAS. They accepted our explanation, hence us winning the appeal.
The e-mails themselves can be interpreted a multitude of different ways. Sure, they can look bad if you interpret them a certain way, but there are plausible explanations that have already been put forward and accepted. In fact, it's utterly ludicrous and downright stupid to think that we'd have employed disguised owner funding to make up most of the Etihad deal because there literally was no need to ever do that as the perfectly legal route of using central funds was available to us, which is what we demonstrated at CAS.