Ex-deputy PM Armen Gevorgyan charged with money laundering
The Special Investigations Service (SIS) has charged Former Deputy Prime Minister Armen Gevorgyan with money laundering.
The indictment states that Gevorgyan allegedly used his
official position from 2004-2018 to launder 4,921,302,379 drams in revenue.
According to the Special Investigations Service, Gevorgyan and the persons
affiliated with him had a total of 743,458,821 drams in legal income from
2002-2018, while in the same period of time 39 real estate properties worth
many times more than the figure was registered by their names.
Gevorgyan is accused in abusing his powers to influence
several mayors into holding illegal auctions and alienating municipality-owned
land to the persons affiliated with him.
The said real estate properties were sold for 751,268,208
drams, whereas the market value was more than 4,843,530,000, while 10 other
properties in the Czech Republic owned by Gevorgyan’s affiliated persons were
valued at 391,920,000 drams, the SIS said.
Gevorgyan denies wrongdoing.
Comments
Post a Comment