by
Paul Roeland
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published
13-05-2013
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last modified
18-06-2013 06:29
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filed under:
health & safety,
factory collapse,
compensation,
Rana Plaza,
Bangladesh,
Safety Accord
With the death toll rising to 1126 on the evening of the 12th of May, and an estimated 1650 workers admitted to hospital following the Rana Plaza collapse on 24th of April, the estimated long term compensation will be more than 54 million Euros (71 million USD). This calculation is based on ILO standards and an established formula developed following previous fire and safety accidents in Bangladesh, developed by Bangladeshi and international trade unions.
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