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Primark announces more funds to Rana Plaza victims

Though British retail clothing chain Primark has already spent more than $3 million for short-term assistance to victims of Rana Plaza building tragedy in Bangladesh, the retailer has announced an additional $10 million compensation to the victims. The company would start giving away payments to the 580 victims or their dependents who were working for Primark's supplier New Wave Bottoms.

The payment will be made in cash according to the impact of the injury and level of disability resulting from the collapse or in the case of dependents of those who lost their lives in the tragedy, estimates of lost earnings. All workers and dependents will be paid within 12 months.

Primark also announced a further payment of $1million to workers in its competitors' supply chain. This money will be paid to the Rana Plaza Donors Trust Fund chaired by the International Labour Organisation (ILO) for distribution.

Five global clothing brands and retailers recently raised $40 million for victims of the Rana Plaza factory disaster in Bangladesh. The companies, who have raised funds, include El Corte Inglés; Inditex, which includes the brand Zara; Loblaw; Mango and Mascot. Now labour groups are pressurizing companies like Walmart, Children's Place and Benetton, which were linked to Rana Plaza tragedy.

 

www.primark.com

 
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