thanks for your quick reply, below is what is see when try to access the folder , which is the only one that can't be access.

login as: root
root@xmh.ath.cx's password:
Last login: Wed Dec 10 23:10:37 2008 from 121.6.78.226
[root@sme1 ~]# ls -la /home/e-smith/files/ibays
total 72
drwxr-xr-x 18 root root 4096 Dec 10 13:47 .
drwxr-xr-x 7 root root 4096 Oct 14 04:04 ..
lrwxrwxrwx 1 root root 26 Mar 6 2008 account -> /mnt/newdisk/ibays/account
drwxr-xr-x 6 root root 4096 May 9 2007 co_events
drwxr-xr-x 6 root root 4096 May 9 2007 com.report
drwxr-xr-x 6 root root 4096 May 9 2007 consumables
drwxr-xr-x 6 root root 4096 May 9 2007 costings
drwxr-xr-x 6 root root 4096 May 9 2007 daceasy
lrwxrwxrwx 1 root root 22 Mar 5 2008 hee -> /mnt/newdisk/ibays/hee
drwxr-xr-x 6 root root 4096 May 9 2007 import
drwxr-xr-x 6 root root 4096 May 9 2007 managers
drwxr-xr-x 6 root root 4096 Oct 15 2007 manhour
lrwxrwxrwx 1 root root 27 Feb 26 2008 namecard -> /mnt/newdisk/ibays/namecard
drwxr-xr-x 6 root root 4096 May 9 2007 parts
drwxr-xr-x 6 root root 4096 Mar 30 2008 permata
drwxr-xr-x 5 root root 4096 May 16 2007 Primary
drwxr-xr-x 6 root root 4096 May 9 2007 reports
drwxr-xr-x 6 root root 4096 May 9 2007 sales
drwxr-xr-x 6 root root 4096 May 9 2007 sharedata
drwxr-xr-x 6 root root 4096 Oct 15 2007 shpg_docs
drwxr-xr-x 6 root root 4096 Oct 15 2007 stock
[root@sme1 ~]# cd /mnt/newdisk/ibays/account
-bash: cd: /mnt/newdisk/ibays/account: Not a directory
[root@sme1 ~]# [root@sme1 ~]# cd /mnt/newdisk/ibays/account
-bash: [root@sme1: command not found
[root@sme1 ~]# -bash: cd: /mnt/newdisk/ibays/account: Not a directory
-bash: -bash:: command not found
[root@sme1 ~]#