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19/12/2011
Union Calls For Redundancy Fund Investigation
One of Ireland's largest unions has called for an "immediate investigation" into why funds held in the accounts of a Cork company have not been distributed to workers for redundancy payments.
Vita Cortex said its company accounts had been used since coming under the control of the National Assets Management Agency (Nama), while workers staging a sit in protest at the foam manufacturing plant on Kinsale Road wanted to establish whether they can secure their redundancy entitlements from the accounts which have been frozen by Nama.
Over 30 workers, including 27 SIPTU members, have been staging the sit in at the Vita Cortex plant in Cork demanding that they receive the redundancy payments due to them since the facility’s closure on Friday.
SIPTU Organiser Anne Egar said: “All the assets of the Vita Cortex Cork plant are under the control of NAMA including a €2.5 million cash account, most of which would have originated in the Cork company. NAMA has stated that these funds cannot be made accessed to pay the workers redundancy entitlements as they are held in a different, but related, Vita Cortex company account.
“SIPTU is now calling upon the State agency to reveal how monies held in this account, or accrued interest, have been used since coming under its control and for what purpose and undertake a full examination of the Vita Cortex company structure in order to clarify the interconnectivity of the company’s different operations and bank accounts.”
Vita Cortex is owned by businessman, Jack Ronan, who announced in September that he intended to close the Cork plant stating that the operation’s assets had been frozen by Nama.
“The workers involved are facing Christmas without their jobs or their financial entitlements. They are not prepared to take the pain while the employer, State agencies and banks walk away from their responsibilities,” Ann Egar added.
(DW)
Vita Cortex said its company accounts had been used since coming under the control of the National Assets Management Agency (Nama), while workers staging a sit in protest at the foam manufacturing plant on Kinsale Road wanted to establish whether they can secure their redundancy entitlements from the accounts which have been frozen by Nama.
Over 30 workers, including 27 SIPTU members, have been staging the sit in at the Vita Cortex plant in Cork demanding that they receive the redundancy payments due to them since the facility’s closure on Friday.
SIPTU Organiser Anne Egar said: “All the assets of the Vita Cortex Cork plant are under the control of NAMA including a €2.5 million cash account, most of which would have originated in the Cork company. NAMA has stated that these funds cannot be made accessed to pay the workers redundancy entitlements as they are held in a different, but related, Vita Cortex company account.
“SIPTU is now calling upon the State agency to reveal how monies held in this account, or accrued interest, have been used since coming under its control and for what purpose and undertake a full examination of the Vita Cortex company structure in order to clarify the interconnectivity of the company’s different operations and bank accounts.”
Vita Cortex is owned by businessman, Jack Ronan, who announced in September that he intended to close the Cork plant stating that the operation’s assets had been frozen by Nama.
“The workers involved are facing Christmas without their jobs or their financial entitlements. They are not prepared to take the pain while the employer, State agencies and banks walk away from their responsibilities,” Ann Egar added.
(DW)
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11 January 2012
Micheál Martin Urges Vita Cortex Owner To Meet Workers
The Vita Cortex workers struggle for justice is continuing to gather support as they prepare to travel to Dublin to take part in a lunchtime protest outside Dáil Eireann on Thursday, 12th January, at 1.00pm.
Micheál Martin Urges Vita Cortex Owner To Meet Workers
The Vita Cortex workers struggle for justice is continuing to gather support as they prepare to travel to Dublin to take part in a lunchtime protest outside Dáil Eireann on Thursday, 12th January, at 1.00pm.
23 March 2012
Conciliation Services Invite Accepted By Vita Cortex Workers
Vita Cortex workers in Cork have accepted an invitation from the Director of Conciliation Services at the Labour Relations Commission to meet in the dispute over redundancy payments. Kevin Foley issued the invitation to see if the long running dispute between the workers and their former employer Jack Ronan can be resolved.
Conciliation Services Invite Accepted By Vita Cortex Workers
Vita Cortex workers in Cork have accepted an invitation from the Director of Conciliation Services at the Labour Relations Commission to meet in the dispute over redundancy payments. Kevin Foley issued the invitation to see if the long running dispute between the workers and their former employer Jack Ronan can be resolved.
22 February 2012
Vita Cortex Workers Disgusted At Personal Attack
SIPTU members at Vita Cortex have reacted with disgust to the attack on their characters contained in a letter sent to the media by a director of the company.
Vita Cortex Workers Disgusted At Personal Attack
SIPTU members at Vita Cortex have reacted with disgust to the attack on their characters contained in a letter sent to the media by a director of the company.
14 February 2012
Alex Ferguson Cheers On Vita Cortex Workers
Manchester United manager Alex Ferguson has made a surprise phone call to the Vita Cortex workers on Monday afternoon, supporting their fight and telling them to “stick in there” until they secured victory.
Alex Ferguson Cheers On Vita Cortex Workers
Manchester United manager Alex Ferguson has made a surprise phone call to the Vita Cortex workers on Monday afternoon, supporting their fight and telling them to “stick in there” until they secured victory.
17 July 2012
President To Meet Former Vita Cortex Workers
President Michael D Higgins will meet with the former Vita Cortex workers when they visit him at Áras an Uachtaráin today, 17th July. President Higgins invited the workers to the Áras after they successfully resolved their long dispute over outstanding redundancy payments with the owners of the Vita Cortex foam manufacturing plant in May.
President To Meet Former Vita Cortex Workers
President Michael D Higgins will meet with the former Vita Cortex workers when they visit him at Áras an Uachtaráin today, 17th July. President Higgins invited the workers to the Áras after they successfully resolved their long dispute over outstanding redundancy payments with the owners of the Vita Cortex foam manufacturing plant in May.
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