Nama must free up funds for factory redundancy says Labour TD

Nama must act to free up redundancy payments at the Vita Cortex in Cork, according to Labour TD Ciarán Lynch.

14th December, 2011

Nama must act to free up redundancy payments at the Vita Cortex in Cork, according to Labour TD Ciarán Lynch.

The foam manufacturing plant is due to close at the end of this week but Lynch claims that Nama is refusing to release funds it controls to allow workers to be paid redundancy.

“Nama had previously given workers the impression that they would adopt favourable position with regard to releasing the funds, particularly...

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