Leighton Holdings, Australia’s biggest builder, said the head of its Indian mining subsidiary had been arrested.
Leighton, controlled by Spain’s ACS, said Thiess Minecs chief executive Raman Srikanth had been arrested in relation to an ongoing civil proceeding filed by an Indian company in Singapore. Leighton said it was filing an application to courts in India to dismiss the case.
The company’s statement did not provide further details of any charges against Srikanth.
A Leighton official in Sydney contacted by telephone declined to comment further on the arrest. Srikanth was not available to comment.
According to police sources, Srikanth was arrested from Kolkata and brought to Hyderabad on May 9 on a transit warrant. At present, he is lodged in Cherlapally prison here, they added.
“Our teams went to Kolkata and arrested him. He has been remanded to judicial custody. It was a court directed case based on a complaint by Roshni Developers. We are investigating the case further,” Deputy Commissioner of Police (Madhapur Zone) Kanthi Rana Tata said on Monday.