Bandi and Reddy, who were in the Ambo Wolosio road project, were released as the latter complained of uneasiness. A further $1.25 million of fuel-related payments have to be made and around $1.5 million has to be paid to sub-contractors.An IL&FS spokesperson did not comment on the issue. In a statement, the company said: "ITNL had sought approval on November 16, 2018, through its authorised dealer bank, to remit funds overseas. While company executives were promising to transfer funds almost every day, pressure was building in the African country as the tax authorities initiated action due to payment defaults. This led to the house arrest of seven employees in the three camps that they shared with the local staff.

Source: Ethiopian News December 01, 2018 21:48 UTC