Email story to a friend Email story to a friendPrintable version Printable version

Bangladesh: Primark pays additional £6m to Rana Plaza victims

Date: 17 Mar 2014

Primark

British retailer Primark has said that it will pay an additional sum of compensation to the victims or their families of the Rana Plaza factory collapse which affected one of their suppliers New Wave Bottoms. It had already paid over £1m.

The company will pay most of that sum directly to those affected, with a tenth put into a communal compensation fund. It has expressed a desire that payments should be made as quickly as possible, but has been held back by the ILO which is keen to ensure that there is a proper process to ensure that none of the victims are missed out.

Prior to Primark's donation, less than $5m had been paid, well short of the $40m estimated to be needed. Campaigners said that they hoped that Primark's move would put pressure on other companies to meet their moral obligations to workers that had suffered for being in their supply chain.

Bookmark with:

Post this story to Del.icio.us  Del.icio.us | Post this story to Digg  Digg | Post this story to reddit  reddit | Post this story to Facebook  Facebook | Post this story to StumbleUpon  StumbleUpon

Comments


You must be logged in to add comments

No comments added - be the first!


Special Feature

photo of cash

Social responsibility and finance - on the precipice

In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.

Similar news stories

From the same country

Other stories about this company

Currently most popular stories