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A Hong Kong company has offered compensation to the families of workers who died in Bangladesh's worst ever garment factory fire.
A Hong Kong sourcing company said it would pay $1,200 in compensation to the family of each worker killed in the blaze that ripped through a garment factory in Bangladesh on Saturday night, the Agence France-Presse reported today.
At least 120 people were killed in the fire at the Tazreen Fashions building located near the capital Dhaka, the Wall Street Journal reported, citing police and fire department officials.
The Indian Express put the death toll even higher at 124.
It was the deadliest fire to ever hit the country's garment industry, the AFP said.
Hong Kong sourcing giant Li & Fung said Sunday it was "distressed" by the disaster at the factory where it placed orders and would pay the equivalent of $1,200 in compensation to the family of each victim.
It reportedly started on the ground floor of the nine-story building, trapping dozens of workers inside.
"Many jumped out from the windows and were injured, or died on the spot," local resident Milon told Reuters.
Rina Khatun, a worker who escaped the burning factory, told the WSJ that she had been able to get out because she was on the ground floor at the time of the blaze.
"Those who were on the top floors didn't have a chance," she said.
More from GlobalPost: Bangladesh garment workers brave deadly fires to make clothing
The factory is operated by Tajnin Fashion, Fire Department Control Room Official Mohammad Ali told The Associated Press.
Bangladesh has over 4,000 garment factories, said AP, many of which are believed operated with little regard for safety standards.
The nation is the world’s second-largest clothing exporter, its garment industry accounting for 80% of yearly exports, according to Reuters.