More than a decade after Precision Woodworking Ltd (PWL) was placed in receivership, former employees say they have not received a penny of their benefits from the more than $600 million in proceeds from the sale of its assets.
In a May 19, 2022 letter to Republic Bank Guyana Limited (RBGL), which had appointed a receiver for PWL, Eon Andrews, the adviser for the ex-workers said they were hoping to have received their termination benefits by now.
