Businessman of British-Indian origin Pramod Mittal was arrested on Tuesday in Lukavac, a city located 140 kilometers north from Bosnia and Herzegovina’s (BiH’s) capital Sarajevo.
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, was confirmed from Tuzla Canton Prosecutors Office to Klix.
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.
“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,” Serhatlic said.
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.
Three GIKIL executives are currently detained.