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Friday 22 September 2017

Tax inspectors probe medical union's finances

THE Revenue Commissioners have begun a probe into the finances of the Irish Medical Organisation, writes Cormac McQuinn.

Within the last two weeks, auditors have started trawling through the doctors' union's accounts as the IMO has said it is "co-operating fully" with the inquiry.

The organisation has been beset by controversy in recent months over a €9.75m pension package given to its former chief executive, George McNeice.

Tax inspectors have already visited the IMO's Dublin headquarters as part of their investigation, which is expected to last several weeks.

The audit comes at a difficult time for the IMO, which has suffered falling membership rates, – it lost almost 300 members in 2012.

Irish Independent

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