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Send  Share  RSS  Twitter  22 May 2009

Finance: Solidarity Requests Insolvency Investigation Into Pamodzi

 





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Solidarity lauded the banks for their support and empathy with the employees’ situation. “The support of the banks could eventually bring relief to thousands of Pamodzi’s employees,” explains Solidarity spokesperson Jaco Kleynhans. “Employees are currently without hope, but the knowledge that concern for fines on debit orders and the eventual effect thereof on their credit records could be solved, lifts an incredible burden from their shoulders.”

Meanwhile Solidarity last week made an official request to the provisional liquidators of Pamodzi Gold to launch an insolvency investigation at the mining group. Solidarity is of the opinion that the investigation should be carried out to determine whether there have been any financial irregularities at the Pamodzi Gold group. The trade union also requested the provisional liquidators to pay the still outstanding salaries to employees with funding generated from investors and gold sales.


 
 
 
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