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Union denies rejecting offer for LIAT workers

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The Antigua & Barbuda Workers Union (ABWU) denied reports that it had rejected an offer made by the government to provide a compassionate payment to the former employees of the cash-strapped regional airline, LIAT.

Speaking on radio, ABWU general secretary David Massiah said the union is still awaiting a response from a May 19 letter sent to the court-appointed administrator of the airline, Cleveland Seaforth on the payment to the former workers.

A story posted on the Facebook page of Prime Minister Browne said the union had rejected the offer of a 50 percent severance payment entitled to the workers to be paid in cash and bonds.

According to the story, Browne indicated that the offer will not change.

But Massiah said: “We think that the offer is something that we would have to base on what we hear, most of us whilst we are not happy that that is what it is, 50 percent is better than nothing, so we never discarded it.

“I mean there are a number of stuff that we still think needs to be answered. It can’t just be carte blanche. We said 50 percent of total earnings of all their entitlements, and they never came back to us.

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“My letter went to Mr. Seaforth, dated the 19th of May, we have not received a response since.”

Massiah said there had not been a rejection of the offer made, adding “all they have to do is respond to the letters that we have sent to the government that is what would basically make it”.

“This is a negotiating process and so we don’t see it as a rejection,” he said. “We have countered and put certain things on the table and asked certain questions to arrive at a particular place because while the Prime Minister is talking about lands…and so on I don’t know how that was going to settle with my people, let’s say in Dominica, St. Lucia, Grenada and Barbados.

“Where would they be getting lands from? Is it that they would own lands in Antigua? This is why there are a number of things still need to be clarified.”

LIAT, which is currently under a court-approved administrator arrangement in Antigua & Barbuda, is undergoing restructuring in an effort to stave off liquidation.

The airline, which is owned by the governments of Antigua & Barbuda, Barbados, Dominica and St. Vincent & the Grenadines (SVG), owes millions of dollars in severance and other entitlements to terminated workers from across the region.

Last year, Browne said that a decision had been taken that would allow Barbados and SVG to turn over their shares in LIAT to Antigua & Barbuda for EC $1 (BB $0.74) each.

LIAT operated its first flight to Dominica in November last year following a seven-month absence, and in the later months, began operating a limited schedule of flights that had been affected by the closure of several airports as a result of the efforts by regional governments to prevent the spread of COVID-19.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]