4 Dec 2008

Samoa opposition MP claims govt will help private sector company financially

11:43 am on 4 December 2008

Samoa's opposition MP and interim chairman of Tautua Samoa Party, Lealailepule Rimoni Aiafi claims close to half a million US dollars is being set aside by the government for Yazaki Samoa Ltd.

He says the money is needed to help the country's biggest employer stay afloat as the company now struggles to survive due to a downturn in business.

Our correspondent in Apia, Autagavaia Tipi Autagavaia reports the interim chairman urged the government to provide necessary financial assistance to avoid more job cuts.

"Journalists were told by the current chairman of the party, Lealailepule Rimoni Aiafi, that the government is going to provide, & this is from their research, around 10 million Samoan tala, which is round about 5 million US, in assistance to the company that's struggling right now financially. But they are also calling on the government that if thats their decision, then they should also consider doing the same thing for other companies who may come up and ask for some sort of financial package."

Autagavaia Tipi Autagavaia.

80 employees will lose their jobs with Yazaki by the end of this month.