Two directors of the Kolubara public company, as well as Director of Inos sirovine (Inos raw materials) from the Belgrade municipality of Lazarevac, have been arrested on suspicion of looting the company of RSD 58 million.

They were arrested on Friday based on the warrant of Higher Prosecutor's Office in Belgrade, that launched proceedings against them for selling Kolubara waste, Tanjug was told at the Prosecutor's Office.

Assistant director for commercial affairs Milovoje Ristic, deputy director of Kolubara Milovan Obradovic, and Milovan Radosavljevic were arrested on suspicion of looting the company of RSD 58 million in the period of 2004-2008.

These arrests are not related to the investigation conducted by the Prosecutor's Office for Organized Crime regarding the lease of machines in Kolubara.

Former Kolubara director Dragan Tomic and several of his associates and owners of private companies were earlier arrested due to malversation.

They are charged with abuse of office and looting the company of over EUR 10 million.