The Barbados Water Authority (BWA) was forced to go after millions of dollars owed by corporate debtors to pay retrenched workers in cash instead of bonds.
NATION investigations revealed that the BWA was able to collect more than $3 million from businesses, including hotels and restaurants as well as major residential developments on the South and West Coasts.
The funds came at a critical time since the utility company does not subscribe to the Severance Payment Fund, and would have had to pay the laid off workers in bonds.
Chairman Leodean Worrell confirmed the situation, pointing out that they had to find money to pay the 75 workers who were sent home last week. (MB)
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