The investigating judge of the Podgorica High Court, Miroslav Bašović, ordered Dejan Sekulić to be detained for up to 30 days.
Sekulić, the godfather of the president of Atlas Group, Duško Knežević, was arrested on Tuesday on suspicion of having committed the criminal offense of abuse in business operations.
Knežević is being investigated by the Special Prosecutor's Office for tax evasion, money laundering and abuse of office.
Knežević avoided arrest by leaving Montenegro for Great Britain, of which he is also a citizen.
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