<p class="title">Indian industrialist Pramod Mittal, the younger brother of steel magnate Lakshmi Mittal, is to remain in custody in Bosnia for at least a month following his arrest for suspected fraud, a prosecutor said on Friday.</p>.<p class="bodytext">A judge in the court of Tuzla in the northeast of the country "has ordered that the three people under investigation remain in custody for a month," prosecutor Cazim Serhatlic told AFP.</p>.<p class="bodytext">The probe is into the suspicious transfer of some 21 million Bosnian marks (nearly 11 million euros, $12 million) from the bank account of a coking plant between 2006 and 2015, prosecutors had said on Wednesday.</p>.<p class="bodytext">Pramod Mittal, the 62-year-old head of the supervisory board of GIKIL which operates a coking plant in the northeastern town of Lukavac, was arrested on Tuesday.</p>.<p class="bodytext">Two other company officials -- general manager Paramesh Bhattacharyya and another member of the supervisory board -- were also arrested.</p>.<p class="bodytext">The detention request was made in view of the "flight risk, repetition of criminal acts and breach of public order," said prosecutor Serhatlic.</p>.<p class="bodytext">GIKIL was founded in 2003 and is co-managed by Pramod Mittal's Global Steel Holdings and a local public company (KHK).</p>.<p class="bodytext">In operation since the 1950s, the coking plant employs around 1,000 people.</p>.<p class="bodytext">Serhatlic has said that if found guilty the suspects could be jailed for up to 45 years.</p>.<p class="bodytext">Lakshmi Mital, the CEO of global steel giant ArcelorMittal, has bailed out his cash-strapped brother Pramod in India.</p>.<p class="bodytext">Pramod Mittal owns several companies in the Balkans.</p>
<p class="title">Indian industrialist Pramod Mittal, the younger brother of steel magnate Lakshmi Mittal, is to remain in custody in Bosnia for at least a month following his arrest for suspected fraud, a prosecutor said on Friday.</p>.<p class="bodytext">A judge in the court of Tuzla in the northeast of the country "has ordered that the three people under investigation remain in custody for a month," prosecutor Cazim Serhatlic told AFP.</p>.<p class="bodytext">The probe is into the suspicious transfer of some 21 million Bosnian marks (nearly 11 million euros, $12 million) from the bank account of a coking plant between 2006 and 2015, prosecutors had said on Wednesday.</p>.<p class="bodytext">Pramod Mittal, the 62-year-old head of the supervisory board of GIKIL which operates a coking plant in the northeastern town of Lukavac, was arrested on Tuesday.</p>.<p class="bodytext">Two other company officials -- general manager Paramesh Bhattacharyya and another member of the supervisory board -- were also arrested.</p>.<p class="bodytext">The detention request was made in view of the "flight risk, repetition of criminal acts and breach of public order," said prosecutor Serhatlic.</p>.<p class="bodytext">GIKIL was founded in 2003 and is co-managed by Pramod Mittal's Global Steel Holdings and a local public company (KHK).</p>.<p class="bodytext">In operation since the 1950s, the coking plant employs around 1,000 people.</p>.<p class="bodytext">Serhatlic has said that if found guilty the suspects could be jailed for up to 45 years.</p>.<p class="bodytext">Lakshmi Mital, the CEO of global steel giant ArcelorMittal, has bailed out his cash-strapped brother Pramod in India.</p>.<p class="bodytext">Pramod Mittal owns several companies in the Balkans.</p>