Earlier this month a regular internal audit uncovered irregularities in the Union’s treasury. The positive news for MBTA riders and taxpayers is that this exclusively involved Union funds – no MBTA funds and no taxpayer money was involved in any manner.
Immediately upon being informed by our auditor of problems, the Union contacted the proper authorities including our International Union as directed by our bylaws and constitution. The Union took all necessary and required steps to address the internal financial situation and that internal situation has been resolved.
At meetings this morning and this evening, the Union provided full details of this internal matter to our membership. Because no MBTA and no taxpayer funds were involved, this remains a private and internal matter that has been addressed and rectified.