Lowry’s risky investment is paying off

After tribunal findings and a Revenue bill, Michael Lowry’s luck seems to be turning, as his mare stands to turn around his financial fortunes, writes investigative correspondent Conor Ryan

HIS luck was bound to turn. He had to sell assets and re-mortgage his property. He was forced to make a €1.4m settlement with the Revenue Commissioners for his and his company’s tax evasion.

He has spoken about struggling to pay his bills and keep his refrigeration business going.