Manager of Lennox Lewis in tax inquiry

LENNOX LEWIS'S business manager is at the centre of inquiries into missing tax and national insurance contributions at a college set up by the boxer to help underprivileged children.

Panos Eliades will be with Lewis tonight in New York as he bids to become the undisputed heavyweight champion of the world. At home, however, the manager's running of the college is the subject of inquiries by the Inland Revenue, the Department of Social Security (DSS) and the Institute of Chartered Accountants (ICA).

The Lennox Lewis College was opened in 1995 to help problem children in the East End of London, where Lewis was born. The boxer and Mr Eliades reportedly sank pounds 1m into the venture to help persistent criminal offenders, truants and children expelled from ordinary schools.

However, after three years of hand-to-mouth funding, the college closed last July and is now being used as a gym for professional, adult boxers.

Mr Eliades, an accountant, is being investigated by the ICA after complaints from

three former teachers at the

school who were made redundant only to find they could not claim benefits because their National Insurance contributions and income tax payments - which had been deducted from their wages at the college - had not been passed on to the authorities.

The institute confirmed yesterday that it was "actively investigating" Mr Eliades. Correspondence seen by The Independent shows that he is rejecting allegations of professional misconduct.

The college was run by Team Solo Ltd, of which Mr Eliades was the sole director. However, once the ICA began looking into the lecturers' complaints, Mr Eliades told the institute's investigator, Nigel Howell, that the college's staff were actually employed by another company - Team Solo Management Ltd - which was supposed to pay their salaries.

Bank records show that salaries for the 16 staff were indeed transferred from an account at Barclays in the name of Team Solo Management Ltd. Responsibility for wages rested with that company, said Mr Eliades, and he was not a shareholder in it. But the address to which bank statements for Team Solo Management were sent was: "Panos Eliades Ltd, 6 Bloomsbury Square, London." Mr Panos told the ICA: "I have been unable to locate any paperwork relating to payment of monies to the Inland Revenue."

Exactly how much money has gone astray is not known. The DSS has confirmed that a specialist unit is trying to locate the contributions made by staff.

Kevin Grice, 43, the former deputy principal of the college, is one of three teachers who won claims for unfair dismissal after being made redundant a year ago. He said: "At least five of the nine teachers have experienced similar problems with their tax and National Insurance contributions."

The college taught vocational subjects such as plumbing and music technology. Lewis, 33, who had himself been excluded from primary school, had little hands-on involvement.

Team Solo Management Ltd was wound up last June, while Mr Eliades' sports promotion company, Panix Promotions Ltd, which was underwriting the operation with Lewis, was running a pounds 666,000 deficit, according to accounts for 1998.

Panix's auditors, Lee Christian & Co, refused to pass these accounts because they felt Mr Eliades, an accountant, had not given them enough information.

A spokeswoman at Panos Eliades, Franklin & Co, Mr Eliades' insolvency practice, said that many false allegations had been made but he was "too busy" in New York to comment.

Arts and Entertainment
books
News
Dr Alice Roberts in front of a
people
Voices
Nigel Farage arrives for a hustings event at The Oddfellows Hall in Ramsgate on Tuesday
voicesA defection that shows who has the most to fear from the rise of Ukip
Arts and Entertainment
The Doctor and the Dalek meet
tvReview: Doctor Who Into the Dalek more than compensated for last week's nonsensical offering
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksAn evocation of the conflict through the eyes of those who lived through it
Sport
Diego Costa
footballEverton 3 Chelsea 6: Diego Costa double has manager purring
Arts and Entertainment
The 'three chords and the truth gal' performing at the Cornbury Music Festival, Oxford, earlier this summer
music... so how did she become country music's hottest new star?
Life and Style
The spy mistress-general: A lecturer in nutritional therapy in her modern life, Heather Rosa favours a Byzantine look topped off with a squid and a schooner
fashionEurope's biggest steampunk convention heads to Lincoln
Voices
Caustic she may be, but Joan Rivers is a feminist hero, whether she likes it or not
voicesShe's an inspiration, whether she likes it or not, says Ellen E Jones
News
i100
Arts and Entertainment
Star turns: Montacute House
tv
News
i100Steve Carell selling chicken, Tina Fey selling saving accounts and Steve Colbert selling, um...
Arts and Entertainment
Unsettling perspective: Iraq gave Turner a subject and a voice (stock photo)
booksBrian Turner's new book goes back to the bloody battles he fought in Iraq
News
i100
Arts and Entertainment
Some of the key words and phrases to remember
booksA user's guide to weasel words
Life and Style
Brave step: A live collection from Alexander McQueen whose internet show crashed because of high demand
fashionAs the collections start, Alexander Fury finds video and the internet are proving more attractive
Independent
Travel Shop
the manor
Up to 70% off luxury travel
on city breaks Find out more
santorini
Up to 70% off luxury travel
on chic beach resorts Find out more
sardina foodie
Up to 70% off luxury travel
on country retreats Find out more
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

IT Teacher

£22000 - £33000 per annum: Randstad Education Leeds: ICT TeacherLeedsRandstad ...

Graduate C#.NET Developer (TDD, ASP.NET, SQL)

Negotiable: Harrington Starr: Graduate C#.NET Developer (TDD, ASP.NET, SQL) Su...

Junior SQL DBA (SQL Server 2012, T-SQL, SSIS) London - Finance

£30000 - £33000 per annum + Benefits + Bonus: Harrington Starr: Junior SQL DBA...

C# Web Developer (ASP.NET, JavaScript, MVC-4, HTML5) London

£35000 - £45000 per annum + Benefits + Bonus: Harrington Starr: C# Web Develop...

Day In a Page

The other Mugabe who is lining up for the Zimbabwean presidency

The other Mugabe who is lining up for the Zimbabwean presidency

Wife of President Robert Mugabe appears to have her sights set on succeeding her husband
The model of a gadget launch: Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed

The model for a gadget launch

Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed
Alice Roberts: She's done pretty well, for a boffin without a beard

She's done pretty well, for a boffin without a beard

Alice Roberts talks about her new book on evolution - and why her early TV work drew flak from (mostly male) colleagues
Get well soon, Joan Rivers - an inspiration, whether she likes it or not

Get well soon, Joan Rivers

She is awful. But she's also wonderful, not in spite of but because of the fact she's forever saying appalling things, argues Ellen E Jones
Doctor Who Into the Dalek review: A classic sci-fi adventure with all the spectacle of a blockbuster

A fresh take on an old foe

Doctor Who Into the Dalek more than compensated for last week's nonsensical offering
Fashion walks away from the celebrity runway show

Fashion walks away from the celebrity runway show

As the collections start, fashion editor Alexander Fury finds video and the internet are proving more attractive
Meet the stars of TV's Wolf Hall... and it's not the cast of the Tudor trilogy

Meet the stars of TV's Wolf Hall...

... and it's not the cast of the Tudor trilogy
Weekend at the Asylum: Europe's biggest steampunk convention heads to Lincoln

Europe's biggest steampunk convention

Jake Wallis Simons discovers how Victorian ray guns and the martial art of biscuit dunking are precisely what the 21st century needs
Don't swallow the tripe – a user's guide to weasel words

Don't swallow the tripe – a user's guide to weasel words

Lying is dangerous and unnecessary. A new book explains the strategies needed to avoid it. John Rentoul on the art of 'uncommunication'
Daddy, who was Richard Attenborough? Was the beloved thespian the last of the cross-generation stars?

Daddy, who was Richard Attenborough?

The atomisation of culture means that few of those we regard as stars are universally loved any more, says DJ Taylor
She's dark, sarcastic, and bashes life in Nowheresville ... so how did Kacey Musgraves become country music's hottest new star?

Kacey Musgraves: Nashville's hottest new star

The singer has two Grammys for her first album under her belt and her celebrity fans include Willie Nelson, Ryan Adams and Katy Perry
American soldier-poet Brian Turner reveals the enduring turmoil that inspired his memoir

Soldier-poet Brian Turner on his new memoir

James Kidd meets the prize-winning writer, whose new memoir takes him back to the bloody battles he fought in Iraq
Aston Villa vs Hull match preview: Villa were not surprised that Ron Vlaar was a World Cup star

Villa were not surprised that Vlaar was a World Cup star

Andi Weimann reveals just how good his Dutch teammate really is
Bill Granger recipes: Our chef ekes out his holiday in Italy with divine, simple salads

Bill Granger's simple Italian salads

Our chef presents his own version of Italian dishes, taking in the flavours and produce that inspired him while he was in the country
The Last Word: Tumbleweed through deserted stands and suites at Wembley

The Last Word: Tumbleweed through deserted stands and suites at Wembley

If supporters begin to close bank accounts, switch broadband suppliers or shun satellite sales, their voices will be heard. It’s time for revolution