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I won't let up on the BIU - OBA chairman

One Bermuda Alliance chairman Michael Fahy

One Bermuda Alliance chairman Michael Fahy pledged yesterday to keep putting pressure on Bermuda Industrial Union to produce more than a decade’s worth of missing financial statements.Mr Fahy claimed the union had broken the law by not allowing its members to see approved financial statements for 12 years and said he’d continue to seek answers until that was rectified.BIU president Chris Furbert responded last night by saying the issue was “old news” and that BIU members with concerns should approach the union directly. The pair’s comments were the latest in their war of words over the missing statements.Mr Fahy says union members want to see how much is in the coffers so they know if they can be supported in case of strike action or redundancies.The union hasn’t published its statements since 2002 and Mr Fahy said earlier statements filed for the previous three years were rejected by the Registrar General.On Friday, Mr Furbert said he “took great offence” to Mr Fahy implying the union’s finance team was jointly picking up $400,000 a year in salaries without doing the financial reporting required by law.He said Mr Fahy’s former party, the United Bermuda Party, had no audit returns itself from 1993 to 1998. Mr Fahy said yesterday: “The OBA and, I’m sure, the PLP, file their accounts at their party annual general meetings. That will be the case for the OBA, as our constitution requires.“But let’s not let Mr Furbert’s statement divert attention from a very disturbing situation: whereby the largest union in Bermuda has not obeyed the law in terms of submitting timely reports on the state of its finances.“The OBA is pledged to practise and uphold principles of transparency, responsibility, accountability and fairness“It is for these reasons for the sake of the workers, who have a right to know just what is going on that we continue to push the union to clarify.”He said BIU members had approached him in recent months with concerns about the state of the union’s finances.“We decided to help them out because we believe they have good reason to be concerned.“The records show that BIU officers have not filed any accounts with the Registrar General since 2003, as required by law under the 1965 Trade Union Act.“In addition, the accounts filed for the period from 1999 to 2002 were rejected for not meeting the requirements of the law.“In other words, union members have not been able to see approved financial statements for the union for approximately 12 years. This is against the law. It also is just plain unacceptable.“Union members have the right to know what is happening with their union dues; it really is that simple. In their absence, and with the onset of widespread layoffs and cutbacks, members are concerned the union does not have enough funds to support them.”Mr Furbert said last week the delay in filing the accounts was due to a number of factors, including the union’s system crashing.Mr Fahy said: “This is, to say the least, hard to believe, particularly in light of the years in question and the number of officers charged with monitoring, administering and preparing the union’s financial statements.”Mr Furbert said last night: “I have no comment because The Royal Gazette have run this story on at least three or four occasions now and it is old news.“We run our own story in the Workers’ Voice advising any BIU member that has any questions about the BIU, then contact us.“That is all I intend to say about this matter. Mr Fahy is not a member of the BIU so our affairs is none of his business.”Useful websites: www.oba.bm, www.registrygeneral.gov.bm, www.bermudalaws.bm.