Curator Toni van Hees is angry because the banks want to claim the full sales and the money tap was turned off just before the salaries should have been paid for February, reports the NIS on Thursday.
According to Van Hees banks stopped funding knowing that the staff would continue working. ING, Rabobank, Deutsche Bank and Bank of American Merrill Lynch are the banks in question.
“The people in the shops now earn money for the banks while banks no salary would pay more,” he tells the NIS . “Many of these are very loyal employees with a modest salary which now can not pay their rent or even no money for the bus to work.”
On Wednesday it was announced that the UWV’s payment of salaries about approaches, but that takes this a few weeks. In the meantime, they receive no wages
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Revenue
The banks have a pledge on stocks and find that they are entitled to the revenue which is rotated by selling items in stores.
However, according to the curator, the banks are only entitled to the purchase value of a share of stock. That amount is lower than the market.
Stocks USG have a redemption value of approximately 60 million euros. On a large part of it rests a retention of suppliers. The banks have a lien on the entire stock.
USG with key suppliers may make agreements on the sale of stock in stores. With the banks no agreement has yet been reached. Nevertheless sale in the shops now continued by the trustee
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