Wednesday, June 18, 2025

BREAKING: Armenian Billionaire & Philanthropist Samvel Karapetyan Detained for Two Months Over Church Support; Lawyers Call...

Prominent Armenian-Russian billionaire businessman and philanthropist Samvel Karapetyan has been detained for two months...

Armenia’s PM Dismisses Syunik Invasion Threat Amid Escalating Iran-Israel Conflict, Assures No New War With Azerbaijan

Armenia’s Prime Minister Nikol Pashinyan has dismissed recent media reports suggesting dangers to Armenia’s...

Iranians & Foreign Nationals Flee to Armenia as Border Crossings Surge Amid Escalating Iran–Israel Conflict and...

Amid escalating military tensions between Iran and Israel, hundreds of Iranians and foreign nationals...

Serzh Sargsyan’s Indictment Sent To Court As Investigators Complete Probe.

HomelandPoliticsSerzh Sargsyan's Indictment Sent To Court As Investigators Complete Probe.

An Armenian law-enforcement agency has concluded a criminal investigation into former President Serzh Sargsyan, insisting that it had enough evidence to bring corruption charges strongly denied by him.

The Special Investigative Service (SIS) indicted Sargsyan a month ago. It said that he “organized the embezzlement by a group of officials” of 489 million drams (just over $1 million) in government funds allocated in 2013 for the provision of subsidized diesel fuel to farmers.

The SIS claimed that Sargsyan interfered in a government tender for the fuel supplier to ensure that it is won by a company belonging to his longtime friend, rather than another fuel importer that offered a lower price. The ex-president rejected the accusation as politically motivated.

The SIS announced on Friday that it has completed the investigation and sent the high-profile case to prosecutors for formal approval. Such an endorsement would pave the way for Sarkisian’s trial on embezzlement charges carrying between five and eight years in prison.

Sargsyan’s lawyer, Amram Makinian, said he has already familiarized himself with materials of the case.

“The accusations are baseless, fabricated and aimed at subjecting Mr. Sargsyan to political persecution,” he told RFE/RL’s Armenian service. “The case lacks relevant and credible evidence that can prove his alleged deeds.”

Makinian said the case is based on false incriminating testimony given by a single individual. He did not deny that that person is former Agriculture Minister Sergo Karapetian.

Karapetian and Sargsyan were reportedly brought face to face and interrogated by SIS investigators later in December. The former minister has still not made any public statements on the case.

Echoing statements by the former ruling Republican Party of Armenia (HHK) still headed by Sargsyan, Makinian claimed that his client was prosecuted in retaliation for his public criticism of Prime Minister Nikol Pashinian.

The 65-year-old ex-president, who ruled Armenia from 2008-2018, accused Pashinian’s government of jeopardizing democracy and stifling dissent in a November 20 speech at a congress of the European People’s Party held in Croatia. He had kept a low profile since resigning in April 2018 amid mass protests against his continued rule led by Pashinian.

Pashinyan has repeatedly implicated Sargsyan, his family and political entourage in corruption both before and after coming to power in the “Velvet Revolution.”

Some of Sargsyan’s relatives, cronies and political allies have also been prosecuted on corruption charges. One of his two brothers fled Armenia shortly before being indicted in June 2018.

H/T Azatutyun

- A WORD FROM OUR SPONSORS - spot_img

CATCH UP ON THE LATEST NEWS

Search other topics:

Subscribe to our newsletter

To be updated with all the latest news, podcasts, and announcements.

Most Popular Articles