• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Singue case, involving Jorge Glas, is reactivated from the previous investigation
Daniel Noboa is the first confirmed presidential candidate
The World Bank will provide USD 300 million to finance SMEs in Ecuador
Refugee children in Ecuador create comic about forced displacement
Countries to which Ecuadorians can travel without a visa
New air routes will arrive in Ecuador in June
Asian supermarkets participate in Macro Business Roundtable
Smithsonian Museum returns heritage assets to Ecuador
Buyers from 30 countries will be at the Macro Business Roundtable
National Court requests red notice from Interpol for María Duarte

Syndicate of Alvaro Noboa pointed out that payment to former workers is illegitimate

Posted On 23 Dec 2016
fernando-alacon-abogado-ecuadortimes
The legal director of the Noboa Corporation, Fernando Alarcon, stated that the Compañía Agrícola Bananera Clementina S.A. decided to pay $ 3,944,420.93 to settle the debt with the former employees of La Clementina farm, to avoid the consummation of “a new arbitrariness and illegality in the auction process” of Alvaro Noboa Ponton’s assets. Alarcon indicated that during the auctioning process of the properties of the Noboa Group, in this case of the Ecuadorian Cardboard Industry, a qualified expert was not appointed to submit a report on the appraisal of the property, and then notify the parties involved, so that they have the option to adhere to or challenge the expert’s appraisal. “We proceeded (to pay the debt) without recognizing the legitimacy of the payment,” he stated.

After paying nearly $ 4 million, Babahoyo Labor inspector Cristina Cordero suspended the auction of the property. Following the announcement of the payment in favor of 1,908 former workers from La Clementina, located in La Unión, Babahoyo (Los Ríos province), Labor Minister Leonardo Berrezueta, gave Alvaro Noboa a 48 hour term to deliver the list of the 50 companies to the Ministry of Labor that – according to him- are harmed by this payment.

In this regard, Alarcon indicated that they would do so “in due course,” adding that some companies did suffer during the process because there were “retentions of securities in the accounts, prohibition to alienate all their property and others.in the order issued by the Labor Inspectorate.” On a new process that will be continued by the former workers of La Clementina for unfair dismissal, Alarcon said: “The High Court of Conciliation and Arbitration itself declared that there is no unfair dismissal.” And regarding the payments for retirement, he said: “If there is any worker who has the right to retirement, it will be paid, once it is judicially determined.”

Source: http://www.eltelegrafo.com.ec/noticias/economia/8/sindico-de-alvaro-noboa-senalo-que-pago-a-trabajadores-es-ilegitimo

About the Author
  • google-share
Previous Story

Odebrecht confesses to paying bribes in Ecuador

Next Story

The Ecuadorian government will not accept ‘versions’ of Odebrecht executives

SEARCH

LATEST NEWS

Singue case, involving Jorge Glas, is reactivated from the previous investigation

Posted On 02 Jun 2023

Daniel Noboa is the first confirmed presidential candidate

Posted On 02 Jun 2023

The World Bank will provide USD 300 million to finance SMEs in Ecuador

Posted On 02 Jun 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net