PPRuNe Forums - View Single Post - Wishing the Ansett Administrators a Merry Xmas
Old 15th Dec 2002, 09:54
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VH-WASA
 
Join Date: Aug 2002
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Thumbs down Wishing the Ansett Administrators a Merry Xmas

It's that time of year again when everyone should be in good spirit, except for all the former Ansett employee's who were originally told to expect, and were expecting, a percentage of their owed entitlements before Christmas, is not going to eventuate now according to the latest Employee Update newsletter from the Ansett Administrators, the two Marks.
They are unable, apparently, to disburse any further employee entitlements prior to Christmas because Justice M.Warren, the Supreme Court Judge, has not handed down her decision yet in the Ansett Ground Staff Superannuation case. So what!
There must be millions of dollars in employee entitlements, from sold assets sitting somewhere. Where is it? Why can't some of it be paid to the employee's now? Why are the Administrators holding on to it? So where is it all going to go? Obviously being used in running the administration. I don't think they have any intention of paying out anymore entitlements at all because they can see a fortune to be made for themselves. If the two Marks were told to stop playing games ages ago with their fantasy airline and get on with the business of winding up Ansett, as they were appointed to do, then the employee's might have been able to get 100% of all entitlements well before now. Anyway, who monitors, scrutinizes the Administrators? Are they using employee entitlements to run their Ansett Engineering business at Tullamarine? If so who gives them the authorization to use our money? Who has the power or authority to sack, remove the Administrators and appoint someone to quickly wind up this sorry affair so we can all move on with our lives? With no representation anymore, the two Marks can dictate anything they like and are making sure that this saga becomes a rich annuity for them and their staff.
There are still alot of Ansett employee's from all different areas hurting out there, unemployed and having difficulties finding employment in the same professional positions, would love to have that little extra to spend on their families and make Christmas a Joyous occasion, but now will probably be overwhelmed by feelings of loss and insecurity once again.
I wonder if the two Marks can sleep comfortably at night knowing what a miserable Christmas former Ansett employee's will have and that they have millions of dollars that does not belong to them which should be paid to the employee's before Christmas whether or not Justice M.Warren has made her decision or not. There is just nothing we can do about it so I hope the Adminictrators have a Merry Xmas.
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