It has been well known for a long time that Bill Shorten’s crime gang led by Diana Asmar, David Asmar, Kimberley Kitching and Andrew Landeryou have been ripping off the HSU Victoria Number 1 Branch (known as the Health Workers Union). But now we have the financial report that shows the $millions they have been stealing and rorting from some of the lowest paid workers in the country.
The financial report is on thier website for the 2013/14 year but has only been dated on the 2 February 2015 for some reason. (Click here to read the report)
I am not an accountant but even I can see the evidence of the scams they were running. For example wages in the 2013 financial year were $1,820,807 and blew out to $3,451,989 in the 2014 financial year. This is a massive increase of $1,631,182 and consistent with the fact that we knew that Asmar and crew were employing Labor Party and Union cronies to work at the union. In practice they did very little work except to collect their pay. A prime example would be Kitching who was employed as General Manager on a package of about $120,000 yet did very little if anything. She has since left I understand trying to avoid the criminal charges that were recommended against her by the Royal Commission.
I have been told in the last few months up to 13 staff have been sacked as the Branch is rapidly running out of money and has very few assets left to sell to keep them going.
On paper it says they made a $735,745 profit for the 2014 year but in fact they really made a loss when the sale of their building is taken into account. The building was sold, without the approval of members, for a reported profit of $2,238,012 but if Andrew Landeryou was involved it is highly likely that some profit was skimmed off the top.
Take the $2,238,012 profit from the sale of the building out of the 2014 finances and the reported $735,745 profit becomes a $1,502,267 loss. This financial year they have no building to sell so that is why they have been sacking staff to try and avoid bankruptcy. They have been selling assets to fleece the union and its members.
I have only dealt with a few issues from the accounts but the whole financial report needs to be forensically audited by fraud experts. Other expenses like legal went from $57,000 to $256,000, printing went from $55,000 to $205,000 and Catering and Entertainment went from $9,988 to $63,275. My guess is that the real fraud and theft is easily at least 3 to 4 $million.
Trade Union Royal Commission
At this stage the RC does not plan public hearings until April 2015 and they have already investigated the HSU but should call them back for further investigation and questioning. How can such a massive fraud happen right under the noses of the Royal Commission?
Criminals on the run
A number of people who have had their snouts in the trough at the HSU Vic #1 Branch were recommended for criminal charges by the Trade Union Royal Commission. Some have left and some are still there. The Fair Work Commission has also been chasing people for dodgy conduct under the leadership of Diana Asmar and handed down an interim judgement a few weeks ago. (Click here to read the judgement) Further hearings by the FWC are scheduled and some people might ultimately face charges stemming from the Royal Commission.
Previous posts
The fraud that has been going on at the HSU Victoria Number #1 Branch has been common knowledge for a long time yet nothing has ever happened to stop it. I have written about it numerous times with one recent post titled: “Dumb and Dumber of the Australian Labor Party. Kimberley Kitching & Andrew Landeryou” (Click here to read) and another titled “Bill Shorten’s Crime Gang recommended for criminal charges by Barrister assisting Royal Commission” (Click here to read) in November last year.
The Head Office at the HSU have turned a blind eye as they know it is Bill Shorten’s crew and they are untouchable in the Labor Party and Union movement.
Bill Shorten wants to be Prime Minister and run the country
A lot of people complain about the current Prime Minister Tony Abbott or the previous PM’s Kevin Rudd and/or Julia Gillard etc. But if Shorten ever gets elected as Prime Minister he will set the crossbar to a record low. People need to know we will not just be getting Bill Shorten but his whole crime network from the Union/Labor Party movement. And it will be the perfect storm.
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Categories: Bill Shorten
Why would anyone with an ounce of common sense remain a member of the HSU. As the corruption and deceit has been proven, members should “vote with their feet” and take their superannuation etc elsewhere. Now that, would be real justice. Wake up members of the HSU!……ALL 70,000 of you. (http://www.hsu.net.au/yourunion/1054777046_32501.html)
If the HSU is anything like the old HEF 1 & 2 branches, then compulsion through intimidation is the reason they remain Union members.
Another serious skeleton in Little Billy Backstabber’s cupboard.
The gutless MSM wont touch his cupboard unfortunately. They are more interested in bringing a conservative govt down to fit the U.N agenda. It’s brave bloggers like Shane who highlight this in the public sphere. Kudos to him and others.
There is an economics lecturer at swinburne university in melbourne who does financial reports for MSN. It would be noble of him to help you here. I know that property that the HSU owned in park street south melbourne. It is worth a lot more than the $7 million that they sold it for. The sale price is based on their document that says that the property had a book value of $4,981,000 in 2014. Then when you add the $2,238,000 you have a supposed sale price of $7,219,000. This is approximately $3,000,000 less than the building’s value.
I note also that even after windfall sale of park street and discharge of the mortgage of $2,885,000 ( that they had increased upwards in mutiple bank loans over the last few years) that the net assets of the HSU have only increased by $900,000.
If you look more closely to the accounts you will see that the clever gremlims had other debts on the property to cover their mischief over the years and that that almost $1,500,000 of the surplus funds of $4,330,000 that they received from the property sale were used to pay out mysterious leases (or perhaps donations to the labor party for the election in victoria last year )
Shane , note 12 in accounts also shows Asmar and friends increased their handouts from $191,000 in 2013 to $432,000 in 2014. ( an increase of 226%) As well employee salaries increased from $1,370,000 in 2013 to $2,718,000 in 2014.
THAT IS 100% INCREASE OF SALARIES IN JUST 1 YEAR. This is unheard of. There must be other illegal or doubtful payments hidden in the staff salarie expense column.
Probably slush fund payments to Bill Shorten and Juliar are included or perhaps Craig Thomson’s legal costs????????????????????????
There is a chap named Peter Costello living in melbourne who has access to quality accountants. He might like to help you
Thanks of that. It helps a lot. Every bit deeper we dig the dirtier it gets.
Don’t forget to dig into the purchaser as well. Estate Agents make handsome illegal profits from sales on behalf of Buyers not Sellers.
A real estate friend in melbourne has reported that HSU silently sold 208-212 Park street South Melbourne in may 2014 in an off market transaction. Sam says that the HSU purchased the property in 2007 for $4,610,000 which was a cheap price as it is a very valuable corner site in the commercial heart of south melbourne.
The property has a land area of 1025 square metres with a modern 2 level office building with a lettable floor area of 1118 square metres. Sam says the current commercial rate for this type of quality office premises is $500 to $600 per square metre which includes the 23 undercover car parks.
Given that a yearly income of $550,000 to $660,000 he believes that if the property had have been sold by auction or tender ( that is as an open listing and not a back door deal as has happened ) that a sale price of $9 to $10 million could have been possible.
He says that at $7,200,000 the building was sold far too cheaply
The ATO should have a look at that and so should the Victorian Stamp Duty people.
To all members of The HSU while you are working for minimum wage and paying your union dues read all of the above. Your union leaders are stealing YOUR money and living high on the hog. When they start industrial action and ultimately force the company you work for into liquidation remember, they still have a job while you join the dole queue. This is what many unions do for you. Cancel your membership you will be better off.
HSU, the very name stinks of corrupt politicians and union administrators!
HSU is the equivalent of the Heathen’s Sinking Unit – their own personal money pit is what I would call it.
Shane’s research is highly commendable and i would love to be there when they open Shorten’s cupboard and reveal all the skeletons. The corruption in the unions is no secret for years it has been an ATM for the officials and when they graduate from the school of thieves they end up in the Labor party trying to RU(I)N the country. What is the most annoying aspect of Shorten is watching Question time,He stands up there trying his utmost to discredit the coalition when all they are trying to do is extricate us from that 6 years of corruption and chaos his mob perpetrated and he wants to be Prime minister. Any body that joins a union whatever it be HSU CFEM or any other,deserve all they get, sorry folks if you can’t see the writing on the wall, go back to school.Churchill once said “give us the tools and we’ll do the job” Shorten say’s “give us the knife and i’ll do the job.” Allan from Myalup WA.
Reblogged this on Real News Australia.
And now Shortonbrains has come out defending Hicks saying he was foolish and suffered an injustice.
A couple of days ago I saw a column on the Herald-Sun written by Diana Asmar on the HSU. Does the Herald-Sun know about Asmar’s criminal background?. The Herald-Sun have shown complete irresponsibility in allowing a criminal like Asmar write a column. Does the Herald-Sun & the MSM know about Diana Asmar & others being recommended criminal charges against them by the royal commission?. Or do the Herald-Sun & the MSM don’t give a damn?. Thanks to you Shane that these union criminals have been exposed, that it wasn’t for you Shane, these union criminals like Asmar, Kitching, Shorten & many others would’ve gotten away with it. Do you think that Asmar, Kitching & the others in the HSU branch will be charged by the police Shane?.
I do not know if the police will charge them but they should. But if the police charge no one recommended for charges from the Royal Commission then the Royal Commission will look like a joke.
I agree with that.