Primark has pledged a further $10m (£6m) in compensation to the victims of the Rana Plaza factory, as it nears the year anniversary of the disaster.
The fast fashion retailer said from today (March 17), it would begin making long-term payments totalling $9m (£5.4m) 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 the dependents of those who lost their lives in the tragedy, estimates of lost earnings.
All workers and dependents will be paid in full within 12 months.
A further $1m (£600,000) will be paid towards those working for other retailers. This money will be paid to the Rana Plaza Donors Trust Fund, which is chaired by the International Labour Organisation (ILO) for distribution.
This brings the total that Primark is paying to the victims of Rana Plaza to some $12m, with the retailer donating short-term financial assistance almost immediately after the disaster first took place.
It has also carried out medical and vulnerability assessments, with payments to the injured awarded in the light of these medical assessments.
A Primark spokesman said: “Within a week of the collapse, Primark committed to paying long-term compensation to the workers of Primark supplier, New Wave Bottoms, as quickly as possible. Since then, we have been working to enable the payments to be made.
“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.”