SFO complaint over union accounts

ANDREA FOX
Last updated 12:59 11/04/2012

Relevant offers

Industries

Global beauty brand Sephora NZ stays quiet on delivery issues Coke targets 'foodies' as more people move away from fizzy New World Lower Hutt to become a pop-up supermarket Party pill pioneer Matt 'Starboy' Bowden to accept bankruptcy from Thailand Eight week extension to Kaikoura business support package We just don't love the mall like we used to: Justin Kean Guilty verdicts in Auckland roading corruption case Ngai Tahu, Ngati Whatua have top financial performance of iwi Queenstown swim coach Jane Hughes closes business after losing battles with council Liquidators find $9m in suspected ponzi but 'substantial funds' transferred

The Talleys company's "hatred" of unions is behind a request by the Affco meat company to the Serious Fraud Office to investigate the financial accounts of the NZ Meat Workers Union, says CTU president Helen Kelly.

Affco, owned by the South Island's Talley family, has laid a complaint with the SFO, alleging the union is not complying with its statutory reporting requirements and that there appears to be irregularities in the union's financial accounts.

The Serious Fraud Office receives almost 500 complaints a year and while all are evaluated, only a small proportion are formally investigated.

Affco chief executive Hamish Simson said it appeared from the union's published financial statements that only a fraction of its total income has been declared.

Affco workers contributed more than $500,000 to the union annually, paying $5.95 each a week, he said. Affco workers represented less than 10 per cent of the 23,000 members claimed by the union, yet it only declared revenue of just over $700,000 a year, he said.

Kelly said Talleys, which in February imposed an indefinite lockout of more than 1000 of its North Island unionised plant staff, is "mischief making".

Talleys paid the members' fees to branches of the national union, whose accounts were audited but not statutorily required to be published, she said.

Kelly claimed Talleys was behind a complaint to the New Zealand Accounting Society around six months ago about the union's accounts. The complaint was not upheld.

"Now they're sneaking off to the SFO because they didn't get anywhere."

Talleys would be better off working how it was going to resolve the current industrial relations standoff, and resume negotiations for a new collective agreement.

The Serious Fraud Office receives almost 500 complaints a year and while all are evaluated, only a small proportion are formally investigated.

Meat Workers Union general secretary Dave Eastlake could not be contacted.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content