Sarajevo: Indian industrialist Pramod Mittal, the younger brother of steel magnate Lakshmi Mittal, was arrested Wednesday in Bosnia for suspected fraud and "abuse of power", a prosecutor said.
The case is related to the running of a coking plant in the northeastern town of Lukavac, which Pramod Mittal has co-managed since 2003. It has a 1,000 employees.
"Police, who acted upon the order of the prosecutor, arrested the president of the supervisory board of GIKIL, Pramod Mittal," prosecutor Cazim Serhatlic told reporters.
GIKIL was founded in 2003 and is co-managed by Pramod Mittal's Global Steel Holdings and a local public company (KHK). The coking plant in Lukavac employs a thousand people.
Two other company officials -- general manager Paramesh Bhattacharyya and another member of the supervisory board -- were also arrested.
They are suspected of "organised crime, notably the abuse of power and economic crimes," the prosecutor said. Serhatlic said that if found guilty the suspects could get jail sentences of up to 45 years.
An arrest warrant has been issued for a fourth man "considered to be a member of this organised criminal group with Pramod Mittal on top".
The suspects will appear before a judge on Wednesday.
According to the Zurnal.info website which covers organised crime, the suspects were believed to have embezzled "at least five million marks" (2.5 million euros, USD 2.8 million).
Lakshmi Mital, the CEO of global steel giant ArcelorMittal, has bailed out his cash-strapped brother Pramod in India. Pramod Mittal owns several companies in the Balkans.
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London (AP): After leaving Mohamed Salah at home, Liverpool needs to show it can win without the Egyptian forward as Arne Slot's team takes on Inter Milan in the Champions League on Tuesday.
On a night when Barcelona, Bayern Munich, Chelsea and Tottenham are all in action, the focus is on Liverpool after Salah said Saturday it “seems like the club has thrown me under the bus.” Liverpool's response was to leave him out of the squad for its trip to Italy.
Liverpool's poor recent form boosts Inter's chances of picking up a fifth win in six games. A win for 13th-place Liverpool would put Slot's team back into the hunt for the top eight seedings for the knockout stages.
After losing its last Champions League game 3-0 to Chelsea, Barcelona aims to recover at home to struggling Eintracht Frankfurt. It will have to do without defender Ronald Araujo, who is suspended after his red card against Chelsea and has also been unavailable for personal reasons.
Seventh-place Chelsea is unbeaten in four Champions League games and visits Atalanta aiming to strengthen its hold on a top-eight spot offering direct entry to the round of 16. Bayern can earn its fifth win of the league stage by beating Sporting Lisbon in an early kickoff.
Tottenham, which lost 5-3 to Paris Saint-Germain last time out, has an easier task against Czech team Slavia Prague. Atletico Madrid visits PSV Eindhoven, Monaco hosts Galatasaray and Union Saint-Gilloise plays Marseille.
One game starts in an unusually early window at 1530 GMT (10:30 a.m. ET) as Kazakhstan's Kairat Almaty hosts Greece's Olympiacos.
