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Questions asked about union and EISS documents

By Mike Taylor12 October 2021

Troubled industry fund EISS Super has run into more controversy with a Parliamentary Committee being told about an investigation relating to a trade union official obtaining access to superannuation fund documentation.

EISS Super chairman, Peter Tighe acknowledged the issue under questioning from NSW Liberal backbencher, Jason Falinski who asked whether documents had been provided to an official of the Electrical Trades Union (ETU).

The ETU is one of the major employer sponsors of EISS Super.

Similar issues have been historically raised with respect to Cbus and the Construction, Forestry Mining and Energy Union and dealt with in the context of the Trade Union Royal Commission.

Answering questions from Falinski, Tighe acknowledged that an issue may have arisen with regard to documents being provided to a shareholder.

Falinski asked whether that shareholder was the ETU, with Tighe acknowledging that “it may have been the ETU”.

Mike Taylor

Mike Taylor

Managing Editor/Publisher, Financial Newswire

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