The Meatworkers Union has finally complied with the Registrar of Incorporated Societies orders to file proper accounts. Those orders came after the Meatworkers were busted by this blog and Rodney hide wrote to the Registrar. The Maritime Union is in the same boat…we await their true accounts.
Remember Helen Kelly described the holding to account of the Meatworkers Union to their legal and statutory requirements as “hatred”
The accounts are revealing. The Owl is preparing further posts…but here are some headline numbers.
Meat Workers Union disclose losses and million dollar salary expenses â€“ by the Owl
The NZ Meat Workers Unions filed their consolidated position of all the branches overnightÂ and after previouslyÂ reporting only the capitation income at head office levels and a cheery surplus of $17,672, revenuesÂ of $700k and salary and consultant costs of approximately $150,000.00 it can now be revealed that the true situation is vastly different from that portrayed.
In fact the Union had made losses of over $300k in the last two years paid out salaries and commissionsÂ of $1.29M and their revenue was a combined of $2.8M.
The whole integrity of the Incorporated Society Act is at stake.
More importantly the auditors qualify the accounts by saying they â€śhave not received all theÂ information and explanations as requiredâ€ť
More to follow…