LONDON — Primark said Monday it would begin to pay out $9 million in cash payments to 580 victims of the Rana Plaza building collapse in Bangladesh.
This story first appeared in the March 18, 2014 issue of WWD. Subscribe Today.
Payments will be made to those injured in the tragedy, and to the dependents of those who died while working for New Wave Bottoms, a Primark supplier that operated from the second floor of the eight-story building that collapsed last April, killing more than 1,130 people.
The British retailer said that it would pay a further $1 million to workers via the Rana Plaza Donors Trust Fund. The company has already paid $2 million into the fund, which benefits victims that worked for a variety of other clothing companies.
“With the first anniversary of Rana Plaza fast approaching, we are determined to meet this responsibility to workers in our supply chain. We are therefore pleased to be in a position to now press ahead with payments,” said a Primark spokesman. “We have [already] paid short-term financial assistance equivalent to nine months wages to all 3,600 Rana Plaza workers, most of whom were making clothes for our competitors,” the spokesman added.
Primark said it worked closely with the International Labor Organization with regard to the organization of payments, which are being delivered to victims through the BRAC and bKash banks.
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