Two years after being laid off, the over 300 ex-workers from the Wales Sugar Estate are set to receive the more than $86M in severance together with interest owed to them by the Guyana Sugar Corporation Inc (GuySuCo).
This order was made during an in-chamber hearing yesterday afternoon before High Court judge Sandil Kissoon.
Following the hearing, attorney Nikhil Ramkarran for GuySuCo against which the action was filed explained to reporters that the workers will be paid severance covering the period 31st December, 2016 to yesterday’s date at a rate of 4% per annum.
