New tribunal to deliberate on compensation matters
December 8, 2016 3:54 am
A new Tribunal is expected to be set up to look at issues relating to compensation payout.
Attorney General Aiyaz Sayed-Khaiyum says third party insurance has been an area concern as most of the cases either end up in court or dwindle away because litigation is a costly affair for many victims.
Sayed-Khaiyum says in some cases when victims do approach lawyers, the lawyers would not charge an upfront fee but would take a percentage of the payout.
“We have heard some horrendous stories where people for example have had a payout after three four years, they may have got fifty thousand dollars or one hundred thousand dollars but the lawyers end up taking half of it without any reason or proper billing.”
He says a few years ago, a law was passed where the government restricted the amount of fees lawyers could take which was only a maximum of 10 percent.
Sayed-Khaiyum says there is a desperate need to give a particular level of comfort to many innocent many victims who have suffered from the accidents with no fault of their own.