GAWU President, Komal Chand said that GuySuCo is yet to pay over any of the $154.4M plus that was owed as at the end of April. He said that it is usual that many of the workers would save their monies by this means so as to get it in a lump sum when needed. The union has ceased business with GuySuCo with respect to the credit union members of the corporation. Late last month, GAWU advised its members across the sugar industry that it had requested GuySuCo to cease deductions from workers’ earnings, Credit Union savings with effect from week-ending May 30.
GAWU had said that the regrettable, but unavoidable decision had been prompted by GuySuCo not remitting workers’ savings to the Credit Union contrary to the extant Agreement between the Credit Union and the Corporation. As at the end of April, this year, GuySuCo failed to provide a huge sum of over $154.4M which represents workers’ savings for five months. GuySuCo promised the Credit Union some payments not later than the third week of May, but did not make good on its promise. The Union President also explained that GAWU has had to be borrowing money from the bank to pay workers for the last five months. He said that the Union decided it could not continue along the path of borrowing least it finds itself in trouble.
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