Collection House yesterday announced a board level “review” to look into allegations published by The Australian Financial Review concerning the Queensland debt collection agency’s links with certain Australian Football League and Brisbane Lions officials.
Collection House said its chairman, Dennis Punches, had asked the board’s audit and risk management committee to look into the reports which questioned dealings between the company and the Lions’ assistant coach, Craig Lambert, and club president Graeme Downie.
According to the reports, Mr Lambert has been supplying office equipment to Collection House at prices well above market value. Questions were also raised about Mr Downie’s role with the company, which included the sale of his business, Downie & Associates, to the company for $1 million.
The review will also cover the company’s employment of former AFL chief Ross Oakley and another former AFL official, Michael Easy, confirmed Collection House’s marketing chief, Chris Stewart.
Collection House chief executive and co-founder John Pearce, the Brisbane Lions’ No.1 ticket holder, denied there was anything improper in his role with the two organisations.
For this complete story, please visit Australia’s Collection House to Conduct Review on Allegations.
