The Govt loaned an apple grower $13 million. Now in receivership, it likely won't be repaid

Premium‌South Pacific Growers was a prominent apple grower and exporter in Hawke's Bay. Photo / Warren BucklandSouth Pacific Growers was a prominent apple grower and exporter in Hawke's Bay. Photo / Warren BucklandA Hawke’s Bay apple grower loaned $13 million by the Government to get back on its feet after Cyclone Gabrielle is now in receivership and unlikely to repay the loan.South Pacific Growers entered receivership in mid-June and is owned by Robert Sykes.

It has ceased trading and receivers have