Wednesday, March 9, 2016

Workers Octant criticize bop not take responsibility – Jornal de Negócios – Portugal

In an internal statement, the Lusa had access, the Commission Workers’ repudiates in absolute statements made by the Banco de Portugal [BoP] “as the responsibilities it has on employees who were Banif and passed to society -veículo Octant, considering that the banking supervisor is “trying to wash their hands” after – say – have been the regulator last December decided the resolution of Banif

With the resolution of the bank. central created the Octant vehicle company, which “defined the criteria for distribution of workers between Santander and Octant” and named the administration of this.

Also, refer, Octant is held by the Fund banking resolution, which is managed by the Bank of Portugal, and the central bank is also “the only entity that may require insolvency” of the vehicle company.

This position of the Workers Committee (TC) of Octant happens after the parliamentary group of the CDS-PP have submitted applications to the Bank of Portugal which covers, among other things, the situation of former Banif employees, including questioning whether they are “completely safe and will not be put into question” its jobs.

in response, quoted last week by the Economic Daily, the Bank of Portugal states that “compliance with these contracts, as well as any amendment thereof the parties shall, in accordance with labor legislation applicable and in accordance with the terms of the applicable contractual relations, not being committed to the Bank of Portugal powers on this issue. “

it is this response that displeases the Banif workers who were in the Octant, considering the position of entity led by Carlos Costa “harmful, prejudicial and manifest injustice” towards their rights.

Octant-based company was created by the Bank of Portugal in December, for the resolution of Banif, having been for there were transferred the assets that Santander Totta declined to buy.

This company has got more than 400 Banif workers belonging to the central services, while Santander Totta absorbed the approximately 1,100 employees connected the commercial network and also all who were in the operations of Madeira and the Azores.

From the beginning, the Banif workers who have to Octant felt discriminated against colleagues who went to Santander Totta and fear that their jobs are at risk, because the assets of Banif left in Octant are to dispose of, thereby reducing the human resource needs of the company.

Octant, which is chaired by Miguel Barbosa, who was the representative of the Bank of Portugal in the management of Banif has already an open terminations program that can compete all employees.

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