Financial Trouble Causes Redundancies at Marpin 2K4

Financial Trouble Causes Redundancies at Marpin 2K4

Financial Trouble Causes Redundancies at Marpin 2K4

Less than two years after making two senior staff members redundant, the Management of Marpin 2K4 has served redundancy letters to a number of senior staff members.

Reports indicate that the Company is experiencing serious financial problems as it did it the past, and at a Board meeting this week, instructions were given to send at least ten staff members home.

Despite reports of making great strides and significant progress since the departure of former General Manager, Mr. Walter Maude, who it is allegedly left a debt of almost $5-million dollars, it appears that the Company is a sinking ship.

So far among those receiving redundancy letters are Mr. Brian Doctrove, Mr. Augustus Juliana, Ms. Jessica Pinard Byrne, Mr. Franklyn Peter and Mr. Jerry Henderson.

Marpin 2k4 is owned jointly by WRB Enterprises and the Dominica Social Security (DSS), and is managed by Mr. Pericson Isidore.

Efforts to reach Mr. Isidore proved futile, but SAT TV will continue to monitor this story as it unfolds.

© 2012 SAT Telecommunications Ltd.

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