{"id":143564,"date":"2021-12-17T08:20:20","date_gmt":"2021-12-17T12:20:20","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=143564"},"modified":"2021-12-17T08:20:20","modified_gmt":"2021-12-17T12:20:20","slug":"antiguan-govt-sticks-to-its-position-on-liat-severance-payment","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antiguan-govt-sticks-to-its-position-on-liat-severance-payment\/","title":{"rendered":"Antiguan Gov’t sticks to its position on LIAT severance payment"},"content":{"rendered":"
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The Antigua and Barbuda Government has adopted a take it or leave it approach in its deliberations with former LIAT staff over severance payments.<\/p>

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At yesterday\u2019s cabinet meeting, the government decided to stick to its position of offering 50 per cent of the severance cost to all LIAT workers.<\/p>\n

\u201cThe Cabinet has re-iterated its position and will not be involved in any further discussions regarding any possibility of negotiations of the issue of its compassionate offer,\u201d a note from the Cabinet said.<\/p>

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\u201cThe Cabinet continues to ask the administrator to accelerate the sale and buy-back of LIAT\u2019s chattel assets. The object is to ensure that LIAT\u2019s former workers could have had some funds over the Christmas holidays. The Cabinet agrees that it will be unconscionable to use taxpayers\u2019 money to pay LIAT\u2019s staff 100 per cent of the monies owed to them, even when the governments liability was no more than 34 per cent of the value of LIAT\u2019s ownership.\u201d<\/p>

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The government said their offer is a \u201ccompassionate payment\u201d since they have no obligation to pay LIAT staff and the value of shares is zero dollars.<\/p>\n

At the post cabinet media briefing today, Information Minister Melford Nicholas clarified that the government\u2019s statement should not be taken as an indication that it is not willing to meet with unions representing former LIAT workers.<\/p>

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\u201cWe can have a discussion to come to further clarification. But those discussions will not and must not be misconstrued as negotiations. We are not in any negotiations,\u201d he said.<\/p>\n

\u201cThe government\u2019s legal position is that LIAT as we know it is bankrupt. The shares value zero dollars. So to the extent that the government was a shareholders and had an obligation, the fact that the company is worth nothing, the government\u2019s liability has come to nothing.\u201d<\/p>

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Nicholas said the government is committed to working with former LIAT staff since they are members of the community.<\/p>

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The Antigua and Barbuda Government has adopted a take it or leave it approach in its deliberations with former LIAT staff over severance payments. At yesterday\u2019s cabinet meeting, the government decided to stick to its position of offering 50 per cent of the severance cost to all LIAT workers. \u201cThe Cabinet has re-iterated its position […]<\/p>\n","protected":false},"author":3,"featured_media":114886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-143564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntiguan Gov't sticks to its position on LIAT severance payment - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/antiguan-govt-sticks-to-its-position-on-liat-severance-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Antiguan Gov't sticks to its position on LIAT severance payment\" \/>\n<meta property=\"og:description\" content=\"The Antigua and Barbuda Government has adopted a take it or leave it approach in its deliberations with former LIAT staff over severance payments. 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