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Detectives investigating the missing 24-year-old have spoken to Michael Archibald.
The Sunday Mail can reveal that 30-year-old Archibald attended the same party as Ferry at the home of violent gangster Garry Smith.
Ferry was last seen leaving the party in John Bowman Gardens, Bellshill, Lanarkshire, more than eight weeks ago.
It is understood Archibald gave a voluntary statement and was not quizzed as a suspect.
An insider said: "The case is attracting a lot of attention and police fear it could be more significant than a missing person inquiry.
"Ferry was in the company of a convicted killer and someone convicted of attempted murder just before he disappeared so it was inevitable they would be questioned."
The hunt for Ferry took a dramatic twist nine days ago when police searched woodlands at the Kirk O'Shotts church, near the M8, looking for his body.
The investigation was briefly described as a murder inquiry but the search was called off last Saturday when nothing was found.
Ferry, from Bellshill, who worked at a heritage centre in Coatbridge as a landscape gardener, was warned by police two years ago that his life was in danger.
He was given the formal notice that threats had been made on his life - known as an Osman warning - by Strathclyde Police.
Archibald was charged with the murder of father-of-two John Kane, 21, outside his home in High Blantyre, Lanarkshire, in January 2000.
Then 19, he was later jailed for eight years on a reduced charge of culpable homicide after a trial at the High Court in Glasgow.
His co-accused Stuart Docherty, 21, was jailed for life for the murder, which took place in front of Kane's wife.
Archibald was jailed for a further six years at the High Court in Edinburgh's in 2006 for an unprovoked attack on a man at a taxi rank in Hamilton - while out on licence for the killing.
Yesterday Archibald's solicitor, Jim O'Dowd, said: "My client can confirm he was at the party at Garry Smith's house on April 2. Mr Ferry was also at the party. My client was interviewed twice by the police."
Earlier this month, the Sunday Mail revealed 33-year-old Smith had also been questioned in connection with Ferry's disappearance.
Smith has a record for violence, including police assault and attempted murder.
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