The Meatworker’s Millions
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 – by the Owl
The NZ Meat Workers Unions filed their consolidated position of all the branches overnight and after previously reporting only the capitation income at head office levels and a cheery surplus of $17,672, revenues 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 commissions 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 “have not received all the information and explanations as required”
More to follow…