Controversy continues to swirl around Imperial Pacific International (CNM) LLC, with its latest issue concerning an alleged payroll delay.
In a press release, Imperial Pacific International (CNMI) LLC said it is issuing the statement to inform all stakeholders that Imperial Pacific has been experiencing “transfer issues” to fund the company’s payroll for the Aug. 17, 2018, pay period.
“Despite the issue, the company paid over 2,000 of hourly employees on time today. Salaried employees will be paid within the week.
“Imperial Pacific intends to meet our obligations and asks for the community’s continued support, patience and understanding,” the statement said.
In a memorandum that was posted by Rep. Edwin Propst (Ind-Saipan), dated Aug. 16, it quotes IPI chief executive officer Henry Cheang informing their employees of a “partial payroll delay.”
“[IPI], our company is experiencing transfer issues for the funding of payroll for our Aug. 17 payday. As a result, payroll will be delayed for some of our employees for up to one week at the most,” Cheang said in the memorandum.
An earlier breaking news reported that IPI was set to release the paychecks of their hourly employees today.