57 workers could lose all their entitlements as Forgecast appoints receivers

Workers at Mitcham company Forgecast are reeling from shock today after receivers were appointed on Thursday. Workers have been told that there is no money to pay them, yet the director has manipulated the law to make sure that he is paid millions.
 
AMWU State Secretary Steve Dargavel said the treatment of the workers by the director should not be allowed to stand.
 
“The director has manipulated corporate law so that he gets paid from the sale of the company assets and the result is that the workers dont get paid at all,” said Mr  Dargavel.
 
“It is clear that his intention is to phoenix this company to start a new one, with no regard for the workers and the money they’re entitled to.
 
“Some of these loyal employees have put in 30 years of service – it’s a disgrace that they will now be left without hope of regaining their full entitlements.
 
“This money can make all the difference in a climate where jobs are hard to come by, especially just before Christmas. Without that money these workers will be in a very difficult position.
 
“Workers and their families will take part in a protest outside Forgecast until they obtain justice, said Mr Dargavel.
 
The AMWU is again calling upon the Federal Government to establish a proper workers entitlements scheme.
 
 

Contact Person: Steve Dargavel
Contact Email: news@amwu.asn.au


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