Steel magnate Lakshmi Mittal's brother arrested in Bosnia

123RF

Indian businessman Pramod Mittal has been detained in Bosnia on suspicion of fraud and abuse of power.

The 62-year-old is the younger brother of steel magnate Lakshmi Mittal.

The case is related to the running of a coking plant in the northeastern town of Lukavac, which Pramod has co-managed since 2003. It has 1,000 employees.

Two other company officials have also been arrested.

Reports suggest the suspects had embezzled at least 2.5 million euros (AED 10.2 million)

If found guilty, they could be jailed for up to 45 years.

More from International

Coming Up on Dubai Eye

  • Extra Time

    7:00pm - 8:00pm

    Chris & Robbie bring you the latest from the sporting world plus interviews with upcoming and legendary sporting stars.

  • The Night Shift with Mark Lloyd

    8:00pm - 11:00pm

    Musicians and music, entertainers and entertainment, industry gossip and songs selected by you, get ready to bring your night time to life! Every evening from eight, Mark Lloyd brings you an energetic mix of local and international content and contests, featuring an array of celebrity interviews and entertaining anecdotes. Get involved in the show and pick your favourite jukebox hits, every night from 8pm - 11pm.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.