The Ministry of Agriculture has challenged the severance pay figure of $675 million for Wales estate workers mooted at a recent Moray House Trust (MHT) forum and it has also cast doubt on a proposal that the sugar estate can be transformed into a public company.
At the MHT event on February 5, former GuySuCo Human Resources Manager Jai Petam posited that whatever transition is planned for the Wales Sugar Estate which GuySuCo says is to be closed by the end of the year there are likely to be significant costs attached.
Petam, according to a MHT statement, raised the question of who would fund the development of cane lands into other crops or any diversification venture. He said that a conservative estimate of the cost of severance, based on
