The International Transport Workers' Federation (ITF) has still not posted its long-awaited financial returns for 2016 as it is set next month to enter into the final stage of collective bargaining wage agreement (CBA) negotiations with employers under the International Bargaining Forum (IBF).
As TradeWinds reported before, the union’s last financial returns in 2015 show it is sitting on a whopping £90m ($120m) in cash reserves, while it has also placed significant funds into the reserves of associated charity the Seafarers’ Trust.
