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| PSWT Says Come Again | | Fri, December 1, 2017 | | | Last night, we told you about the latest developments in the dispute between the 600 retired public officers, the Public Service Union, and the BNTU. The retired public officers want the Union's Public Sector Workers Trust to relinquish management and control of 7.8 million dollars in backpay.
We reported last night that the retired public officers and representatives got an injunction to stop the Trust and their loans programs on Monday. That's the information that the claimants themselves shared with us, and if indeed that was the outcome, it would have been huge, since the Trust was supposedly being forced to stop spending the money.
Well, by midday today, the Public Sector Workers Trust fired off a press release insisting that the claimants, and by extension this news station, got it all wrong.
Their press release says, quote, "The Court did not order an injunction against the PSWT and the unions… What the Court ordered… was that the lists and details of loans be provided to the other parties to the case before loans are disbursed. The Court did not put a stop on the use of the Trust funds as has been suggested." End quote.
We've seen a draft of the order, that is yet to be perfected by Justice Abel. The draft order says the Trustees of the Public Sector Workers Trust shall provide to the Claimants' council a list and details of all loans which have been processed, and are being processed since judgment. The draft order also says that the Trust funds are not to otherwise be disbursed by way of loans or other lending mechanisms without the permission of the court.
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