IL&FS crisis stokes fears in Ethiopia, 7 Indian employees held hostage over unpaid wages: Report


IL&FS crisis stokes fears in Ethiopia, 7 Indian employees held hostage over unpaid wages: Report

The Ministry of External Affairs is investigating reports of seven Indian employees of Infrastructure Leasing and Financial Services (IL&FS) being detained by unpaid local staff in Ethiopia.

The employees, presumably in a hostage-like situation, have been detained since November 25 at three sites in the Oromia and Amhara states. One Neeraj Raghuwanshi identifying himself as an IL&FS employee in Ethiopia has tweeted to several officials, including Prime Minister Narendra Modi. Even IL&FS employees have not been paid in the past five months, he tweeted.

An official from the Ministry of External Affairs (MEA) told Bloomberg that they are looking into the matter. IL&FS did not respond to the news agency’s request for comment. Moneycontrol couldn’t independently verify the report. Read More

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