Former LIAT employees awaiting severance payments now have the option to access their funds from the receiver directly.
The government proposed a 32% compassionate payment in cash and bonds, but few have accepted, preferring union negotiations.
Prime Minister Gaston Browne clarified that negotiations are closed, and once LIAT 1974 is liquidated, the offer ends as LIAT 2020 takes over.
Chief of Staff Lionel Max Hurst noted those choosing direct access cannot challenge the government for outstanding payments.
If funds are unavailable, the government offers land and scholarships for former workers’ children.
The government denies liability, citing an inability to afford owed millions. Despite government statements, the union persists in pressuring for resolution.