Nassa Group's assets to be sold to pay workers' dues: Labour adviser
According to him, the remaining down payments to 15 banks, along with the outstanding dues of workers, will be cleared by selling some of the group’s assets through open competitive bidding, in line with court instructions
The government has decided to sell assets of Nassa Group under court orders to pay outstanding wages and service benefits owed to its workers, said Labour and Employment Adviser Brigadier General (retd) Dr M Sakhawat Hossain.
He made the remarks while chairing the 15th meeting of the Advisory Council Committee on reviewing labour and business conditions of industries at the Beximco Industrial Park, held at the Ministry of Labour and Employment conference room at the Bangladesh Secretariat yesterday.
"Following the honourable court's directives, a decision has been taken to sell Nassa Group's assets to pay the legally due wages and service benefits of the workers of the group's establishments," he said.
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The adviser said that through a court-appointed administrator, shares of Nassa Group have already been sold, enabling the payment of Tk76 crore to workers. He added that, under Bangladesh Bank directives, Nassa Group has also made down payments to eight banks.
According to him, the remaining down payments to 15 banks, along with the outstanding dues of workers, will be cleared by selling some of the group's assets through open competitive bidding, in line with court instructions.
Senior officials from the Ministry of Labour and Employment attended the meeting, including the ministry's secretary, a deputy governor of Bangladesh Bank, the additional inspector general of Industrial Police, and senior representatives from the Ministry of Home Affairs, the Finance Division and Financial Institutions Division of the Ministry of Finance, the Ministry of Law, Justice and Parliamentary Affairs, and the Department of Inspection for Factories and Establishments.
The court-appointed administrator of Nassa Group, representatives of the group, and officials from various commercial banks were also present at the meeting.
