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Pramod, the younger brother of industrialist Laxmi Mittal, is worth Rs 19 crore. Arrested for suspected fraud

Business

  • Pramod Mittal’s company, GIKIL, suspects hefty Rs.19.32 crores
  • Two other people were arrested, found guilty, then up to 45 years of punishment
  • Three months ago Pramod was rescued by big brother Lakshmi Mittal for criminal action in India by paying Rs 1600 crore

Bosnia Industrialist Lakshmi Mittal’s younger brother Pramod Mittal (57) was arrested in Europe on Wednesday in suspected fraud of 19.32 crore rupees. Only on Wednesday will be presented in the court. In the case of fraud related to coking plant GIKIL in north-eastern town of Lukavasa, Mittal has been taken against. Pramod Mittal has been running the coking plant with a thousand employees since 2003. He is the President of the GIKIL Supervisory Board. They are also accused of misusing the effect on them. News Agency reported this information.

Warrant issued against fourth suspect

The company’s general manager Parmesh Bhattacharya and another member of the supervisory board were also arrested. According to Bosiania’s prosecutor Kazim Serhetelik, the conviction in this case can be punished by up to 45 years. Serhetelik said that an arrest warrant has also been issued against the fourth person related to this organized crime group.

According to media reports, Mittal and others are suspected to be involved in scam finishing $ 28 million (Rs 19.32 crore). In March this year, Pramod had rescued from the criminal proceedings in India by paying big amount of Rs 1,600 crore to Lakshmi Mittal, elder brother Lakshmi Mittal. State Trading Corporation (STC) had outstanding at Rs 2,210 crore on Pramod.

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