Indian employees plead for help in letter to management
Unpaid local staff put expatriate workers under house arrest
By Nizar Manek, 22 November 2018
(Bloomberg) --
India’s foreign ministry is investigating claims by expatriates in Ethiopia who say they are being held hostage by local staff that haven’t been paid after the financier Infrastructure Leasing & Financial Services Ltd. began defaulting on $12.6 billion in debt.
Seven Indian workers from the shadow lender, which rocked financial markets after it began missing debt payments earlier this year, have been detained since Nov. 25 at three sites in Ethiopia’s Oromia and Amhara states by unpaid local staff, according to an emailed letter from the employees.
(735 words)
https://www.bloomberg.com/news/articles/2018-11-29/il-fs-india-employees-detained-in-ethiopia-by-unpaid-local-staff