Chief Prosecutor of the Tuzla Canton Prosecutors Office Tomislav Ljubic stated on Tuesday that the arrested Indian billionaire Pramod Mittal is suspected of taking millions of BAM from “Global Ispat Koksna Industrija” d.o.o. Lukavac (GIKIL).
He added that they cannot disclose any details of the investigation.
“We suspect that from, 2006 to 2015, 21 million BAM have been taken out of the company through managerial contracts, which we consider to be unfounded,” said the acting Prosecutor Cazim Serhatlic.
Businessman of British-Indian origin Pramod Mittal was arrested Tuesday in Lukavac, a city located 140 kilometers north from Bosnia and Herzegovina’s (BiH’s) capital Sarajevo, was confirmed from the local prosecutors’ office.
A sixty-three years old Mittal is the Chairman of the Global Ispat Coke Industry Lukavac (GIKIL) on suspicion of illegally funneling money from GIKIL to private accounts.
Acting prosecutor Cazim Serhatlic said persons were arrested for suspicion that they have, since 2003, committed a criminal offense of organized crime abuse or abuse of office.
Tuzla Canton Prosecutors Office ordered to officials of the Department for combating economic crime and corruption to undertake investigative actions at GIKIL.
Mittal was arrested together with member of Supervisory Board Rajib Dash and GIKIL General Manager Paramesh Bhattacharyya.
Acting on the orders of the Tuzla Canton Prosecutors Office, police officers started scanning and downloading documentation, and arrested persons are expected to be detained in the next 24 hours.
