Employees of the Rural Development Company (RDC) will be paid at least 50 per cent of the $.75 million in salaries owed to them before the end of this week, a Local Government Ministry official said yesterday.
According to the employee, who did not want to be identified, some of the RDC employees will also be paid up to 75 per cent of their outstanding salaries.
"The balance of their salaries will be paid by month end. The employees were expected to be notified by their chief (chief executive officer Tajelal Sarwan). Maybe some of them would have already received their part payment in their bank accounts by now (yesterday at 6 pm)," the ministry official said.
However, the official could provide no information on the RDC's financial standings.
The workers received the promise yesterday after the T&T Guardian exclusively reported that some 23 workers had not received their salaries since the start of the year.
Employees were reportedly called into a meeting yesterday by CEO Sarwan, where the issue was discussed. But some employees came out of the meeting still unconvinced and saying they would be "looking on closely from henceforth."
The T&T Guardian learned that the 23 workers' salaries range from $3,500 to $25,000 a month, while directors had also not been paid and service providers were also owed money since the start of the year as the company ran into financial difficulty.
The extent of the financial woes at the special purposes company, an agency under the Ministry of Local Government, was highlighted in a March 24 memo in which employees were promised their outstanding salaries by this month end.
It stated: "In the absence of receipt of funding from the Ministry and the current cash position of the company, please be advised that salaries for March 2016 will not be paid by the 26th of the month as customary.
"It is expected that funds to meet operating expenses, including salaries and allowances, will be received in April 2016. Upon receipt of the funds, salaries for February and March 2016 and arrears for January 2016, will be paid."
It is alleged that the dire financial situation has also put the $201 million Moruga Fishing Port project, originally scheduled to begin in November, in jeopardy as well.
Established in 2005, the Rural Development Company of T&T has been mandated by the Ministry of Local Government to improve the living conditions of residents in rural communities. Efforts to reach Local Government Minister Franklin Khan for comment yesterday were unsuccessful as he did not respond to calls to his cellphone or return messages.