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Former Territorial employees may now collect their payments
Posted On 11 Apr 2013
Yesterday the Labor Ministry began issuing the settlement proceedings to pay the former employees of the Territorial Bank, which went into a forced sale last month.
Once the former employees signed their proceedings, they were indicated that the amount of the settlement would be available in seven days in the bank accounts they have chosen.
The Labor Ministry said that $ 2 million in settlements are available for the payments of 330 former employees.