Why was MWU afraid of sunlight?

A year ago Allan Barber began trying to discover the true state of the Meatworkers’ Union’s finances.

His perseverance paid off and the consolidated accounts have been posted on the Incorporated Societies’ website. There is a considerable difference between the figures in these accounts and those first submitted:

In contrast to the original set of accounts which showed the national office as having net assets of less than $1 million, the true picture incorporating all the branches shows net assets of over $5 million.

Barber says there doesn’t appear to be anything untoward in the accounts so why was the union afraid of exposing the full accounts to sunlight?

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