No severance for Antigua Observer staff as company’s operations end

The 60 employees of the Observer Media Group in Antigua left work Friday without severance payment.

The Chief Operating Officer Darren Derrick told the staff that this is because the Antigua Public Utilities Authority filed an injunction against Observer.

He did not indicate why the injunction was filed.

Derrick told the staff that as a result of this the company could not make payments because its assets have been frozen.

The company reportedly has no access to its bank accounts.

Derrick could not tell the staff when they would be paid.

Observer owes APUA more than $1 million.