Moore: UCAL hanging on by a thread
UNITED COMMERCIAL AUTOWORKS LIMITED (UCAL) is hanging on only “by the grace of God”, as it is owed millions of dollars and should have already closed its doors.
This was revealed by general secretary of the Barbados Workers’ Union, Toni Moore, who said Government was one of the principal debtors.
“Government has not paid all of its debts owed to UCAL, more than $20 million. Over time, Government reneged on commitments made to UCAL . . . . [It] saw UCAL as an organisation it could pay when it remembered to or when it felt like, so UCAL has not been a success story . . . and will continue to face threats,” she said while a guest on Starcom Network’s Brass Tacks Sunday call-in programme over the weekend.
Moore, whose predecessor Sir Roy Trotman was a former chairman of UCAL, said the timetable for turning around the company “had long passed”. (CA)
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