According to the information received from Denel
- Out of the 42 current and former employees who won the case in May 2022, three (3) of them had already been paid by the time the Court Order was issued and they failed to inform their attorneys.
- The amount owed to the remaining 39 claimants differ from person to person (due to some having received part-payment from the date of the Court Order to date), and to that end, Denel has been in discussions with the attorneys representing the claimants with a view to reconcile the records and agree on the legitimate amounts owed to each individual.
- Part of our discussions with the attorneys includes agreeing on a date by which the amounts can be paid, in view of Denel’s ongoing liquidity challenges.