By Staff Reporter
Workers at Gweru-based sole glass manufacturer, Zimglass have escalated their fight for outstanding salaries backdated to 2014 demanding that the company come clear on settling the arrears which are over RTGS$3million.
The former workers through their legal advisor, Advocate John Bakasa have since written to the firm’s liquidator, Winsley Militala raising their concerns over unpaid wages and the manner in which the company was bought.
“We write to confirm the writer’s (Bakasa) attendance of a meeting at your offices on 13 May 2020,”Bakasa said in the letter dated May 18 and copied to the Master of High Court under CR69/14, Industrial Development Corporation of Zimbabwe (IDCZ) and to the employees.
“We further write to confirm the following positions….”That Zimglass industries was purchased for ZW22, 5million by a buyer yet to be formerly revealed to creditors. That in your opinion and one exercised off-hand after disbursing funds towards administration costs, Zimra,
Nssa and preferred creditors, it is unlikely that the workers will get anything from the liquidation regardless of them never having received salaries since your appointment as judicial manager back in August 2014.”
Bakasa added: “That after the aforementioned disbursements, the rest of the funds will be disbursed to IDCZ which is now your official preferred creditor on the basis of a court order yet to be furnished to us. That no effort has been made by IDCZ to as a shareholder turned creditor or yourself as the liquidator to alleviate the plight of employees.”
Last month, The Sun carried a story in which the workers fumed over the manner in which the company was purchased by Brainman Investments, owned by Douglas Kwande of DCK Supermarkets, amid indications that the investor paid just over ZW$22 million (US$900 000) contrary to media reports that the figure was in United States dollars.
They alleged that the deal is mired by lack of transparency and have since instructed their lawyers to contest the liquidation and distribution account of the firm’s assets which they feel does not cater for their welfare.
Bakasa said employees were still waiting for the draft account of the liquidation process which the company had promised to avail at the end of last week.
“Having outlined the key points that emerged from your meeting with the writer….we look forward to it (draft account) within the promised time frame to enable us to properly advise our client on the next course of action,” he said.
Recently Militala said the firm’s liquidation and distribution account is in draft form and once the transfers sail through, it will be lodged with the Master of the High Court for auditing.
Zimglass was owned by State owned IDCZ before being placed under final liquidation.
The glass firm stopped operations in 2010 before being placed under judicial management in 2014.
After the company’s collapsed the country has been importing all its glass requirements following repeated efforts to bring in a new investor hit a snag.
Efforts to get comment from Kwande were fruitless as his mobile phone was unreachable.