Tuesday, October 4, 2011

17 arrested for fraud, investigation continues

BELGRADE, 04.10.2011
Former director of the Kolubara Mining Complex Dragan Tomic and 16 others suspects were arrested Monday on reasonable suspicion of fraud by abuse of position and embezzlement of more than EUR 10 million from the company, Prosecutor for Organized Crime Miljko Radisavljevic told Tanjug on Tuesday.

Besides Tomic, who was the director of the Kolubara Mining Complex from 2004-2008, the arrested include Dragan Jovicic who was in the same position in 2008-2009, as well as Radoslav Savatijevic, a former member of the Board of Management of the Electric Power Industry of Serbia (EPS) and owner of 'Pam-ek', 'Aros beton', 'Beokran komerc' and 'Beoogrev' companies, Radisavljevic specified.

Another 14 former and current officials of Kolubara and owners of private enterprises were arrested, the prosecutor pointed out.

He announced the continuance of pre-trial proceedings and yet another investigation into possible malfeasance.

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