Although the business continues to use Lowe's nickname, he is no longer involved in it. Photo / NZPA
Although the business continues to use Lowe's nickname, he is no longer involved in it. Photo / NZPA
New Zealand league legend Graham Lowe's former recruitment company has been put into liquidation owing Inland Revenue almost $1 million.
But the 10-staff business that Lowie Recruitment Ltd operated is still running and was sold to another firm before the insolvency, liquidators said yesterday.
Although the business - still tradingas Lowie Recruitment - continues to use Lowe's nickname, the former Manly, Queensland and Kiwis coach is no longer involved in it, a staff member told the Weekend Herald.
The business is now run as a division of Pounamu International, a company co-directed by former New Zealand Rugby League chairman Andrew Chalmers.
Mr Chalmers directed the now-liquidated Lowie Recruitment alongside Mr Lowe, who resigned from its board in October last year about two months before liquidators were appointed.
Liquidator Mike Lamacraft in his first report said that the company fell behind in its tax obligations and was unable to reach a repayment deal with Inland Revenue.
After the IRD served it a demand, the company decided to go into voluntary liquidation shortly before Christmas.
The liquidators say the company owes IRD $960,000 and other creditors $40,000.
Neither Mr Lowe nor Mr Chalmers responded to messages left by the Weekend Herald yesterday.
