![]() ![]() The tax package is permanent, so instead of a one-time bonus, the pay adjustment will be PERMANENT.” The Family Express benefits package includes Outstanding Health Coverage, 401(k) with Matching, Fitness Services and more.įamily Express was awarded the most prestigious award in the Convenience Store Industry, by being named the 2015 Chain of the Year. This Higher starting wage, in combination with our robust Benefits Package, highlights our ongoing Commitment to Maintain our position as an Employer of Choice in the communities that we serve. Our Employees are the ones that exemplify the unique brand promise that we extend to our Valued Customers day after day. Gus Olympidis, President and Chief Executive Officer, said, “We feel obligated to pass on a significant portion of the tax savings to our Staff. This latest move is a continuation of that strategy. This will complement its impressive Store Manager starting annual compensation of $50,000.įamily Express pre-empted large brick and mortar retailers, such as Wal-Mart, in April of 2015 with an above market starting wage. of Valparaiso is announcing today, that as a consequence of the recent tax package approved by the United States Congress, it is elevating its starting wage to $11 Per Hour. Lawyer Nilesh Ojha, representing Aranha, submitted that the Bombay High Court had given directions to the ED to give a 72-hour notice before arresting his client, but this was not done and hence the arrest was illegal.VALPARAISO, INDIANA – Family Express Corp. He has also spent lavishly in purchase of several high-end luxury cars worth crores of rupees,” the ED said. ![]() He has recklessly spent funds which were meant for the educational purpose of his schools. He has hosted several events involving Bollywood celebrities. ED investigation has revealed that he has been leading a luxurious and high-flying lifestyle. “It has also been unearthed during the course of investigation that Vinay Aranha has siphoned off public money to the tune of crores of rupees for his personal enrichment and is leading a lavish lifestyle. It further claimed that when questioned on Thursday, Aranha had given ‘evasive’ answers on the utilisation of Rs 17.66 crore. “It also surfaced during investigation that Vinay Aranha diverted funds and paid to politically exposed persons, rather than being utilised for enhancement of working capital,” the ED said in its remand application submitted before the court by Special Public Prosecutor Sunil Gonsalves. The agency also claimed that statements recorded reveal that the funds were shown to have been disbursed to vendors, but individuals were made to withdraw the funds and hand them over to the Aranhas. It was alleged that seven loans of a total of Rs 46.50 crore were sanctioned to the Group in 20 for working capital and expenditure on the schools, but were not used for the purpose. The ED filed its complaint in 2021, based on the FIR against the Aranhas. In 2015, on the complaint of Cosmos Bank, an FIR was filed in Pune against Aranha and Vivek Aranha on charges including cheating and forgery, claiming that loans of Rs 20.44 crore taken from the bank were based on fabricated property documents mortgaged with the bank.
0 Comments
Leave a Reply. |