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NEWS RELEASE OCTOBER 25, 2007
New Information Further Implicates George
Dunbar In Wright Industries' Bankruptcy
Former Worker Details Company's Hardships
A recent filing in the bankruptcy proceedings of
Wright Industries further implicates Republican county
commissioner candidate George Dunbar in the company's collapse
(U.S. Bankruptcy Court, Western District of Pennsylvania, no.
07-21384). And now a former worker is explaining the hardships
he and his coworkers endured.
An October 16, 2007, motion in U.S. Bankruptcy
Court by the Official Committee of Unsecured Creditors details
the debts. In the filing it cites a net loss of $3.7 million
that was realized in 2006 "because of improper accounting
treatment in prior years."
George Dunbar served as Chief Financial Officer
of Wright Industries in the years shortly before its bankruptcy.
The filings reveal sorry details about the state
of the company in the run-up to its bankruptcy, including local,
state and federal taxes, as well as unemployment taxes, that
were not paid during Dunbar's watch as CFO. The bankruptcy also
reveals that Wright Industries did not pay healthcare or pension
contributions for its labor unions.
As a candidate, George Dunbar has tried to duck
any responsibility for the company's failure.
"I knew George Dunbar, and even talked with him
one-on-one, while I was at Wright Industries," said Bert Guay,
who worked at Wright Industries from 2000-2007 as a laborer and
foreman, and also served as shop steward for the Laborers' Union
Local 1058. "As a worker there we were working just as hard,
nothing changed with us, then all of the sudden the money just
dried up.
"We would go to cash our paychecks and they
would bounce, and sometimes we would show up at work and not get
paid at all. And because they weren't paying our benefits, we
would be denied when we went to pick up a prescription at the
pharmacy.
"Now George Dunbar wants to be a county
commissioner? He sure didn't do his job for us at Wright
Industries," Guay said.
"It’s time for George Dunbar to finally come
clean about his role in Wright Industries' bankruptcy,"
Commissioner Tom Balya said. "We cannot allow him to continue to
deceive voters the way he deceived the families he abandoned at
Wright Industries."
"As more details continue to emerge from this
case, it is becoming more and more obvious that George Dunbar's
campaign is as bankrupt as Wright Industries," Commissioner Tom
Ceraso said. |
