THIS HAS RU­INED MY CHRIST­MAS

TY­COON’S MES­SAGE TO WORK­ERS LEFT WITH­OUT PAY

The Sunday Post (Dundee) - - FRONT PAGE - By Peter Swin­don

Fly-away boss breaks si­lence to in­sist he is a vic­tim too

A tech ty­coon who flew out of Scot­land days be­fore his firm went bust, leav­ing al­most 400 work­ers with­out pay, broke his si­lence yes­ter­day.

Ka­iam chief ex­ec­u­tive Bar­dia Pezeshki de­nied ac­cu­sa­tions of cow­ardice af­ter he left the coun­try be­fore his work­force in Liv­ingston were told they would not be re­ceiv­ing their ex­pected wages to­mor­row be­cause the com­pany had gone into ad­min­is­tra­tion.

Speak­ing to The Sun­day Post from his $ 3 mil­lion home in San Fran­cisco, he said the col­lapse of the firm had ru­ined his Christ­mas too, adding: “I’m no Grinch. It is painful but it was un­pre­dictable. There is no­body chick­en­ing out or en­joy­ing their hol­i­days. I am not sure I de­serve the hu­mil­i­a­tion me and my fam­ily are go­ing through.”

How­ever, the com­ments from Mr Pezeshki, who at­tended the firm’s Christ­mas party be­fore jet­ting out, failed to im­press work­ers.

Mr Find­lay added: “The be­hav­iour of the chief ex­ec­u­tive of this com­pany has been noth­ing short of out­ra­geous. He has shown a com­plete dis­re­gard for a loyal work­force. Peo­ple have been treated with con­tempt.”

The col­lapse of Ka­iam came de­spite the sale of a plant in Eng­land for $ 80m last year. In May 2017 Ka­iam com­pleted a deal to pur­chase Com­pound Pho­ton­ics (CP) in New­ton Ay­cliffe, County Durham, last May then sold it to op­tics and pho­ton­ics firm II-VI for $80m (£62m) in Au­gust.

Mr Pezeshki also con­firmed he got a “wind­fall” from that deal. How­ever, he in­sisted all of the prof­its were put into Ka­iam “to help pay wages”. He said he made “very lit­tle” from the sale.

John Jack, 54, a pro­duc­tion op­er­a­tor at K a i a m’s Liv­ingston f a c t o r y, said: “Man­agers let it slip about the deal and we were led to be­lieve it would se­cure our fu­ture. But they never spent a penny on the plant – some ma­chines are held to­gether with sticky tape.”

Bar­dia Pezeshki has din­ner with his sis­ter Maryam. In­set: A do­na­tion cen­tre set up for Ka­iam work­ers

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