News / Report clears top IRU men of financial wrongdoing, but union may have 'misused members' funds

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An international road association, the IRU, says allegations of financial misconduct against it, made in April, should be dismissed following the findings of an independent report.

The allegations relate to the IRU’s TIR insurance scheme and date back to 1995 and the financial model used to calculate the union’s reserves.

But while the report clears individuals of any wrongdoing, it reveals that the IRU had indeed been involved as an organisation.

In addition, the IRU appears to have offered Sfr30m ($29.5m) in exchange for “‘silence” from its members following ...