Court acquits former Armenian President Sargsyan on embezzlement charges

|

USD

391.81

EUR

422.41

RUB

4.6907

GEL

141.32

Society

31.05.2024, 19:38

A first instance court in Yerevan found former Armenian President Serzh Sargsyan not guilty of embezzlement

Court acquits former Armenian President Sargsyan on embezzlement charges

YEREVAN, 31 May. /ARKA/. A first instance court in Yerevan found former Armenian President Serzh Sargsyan not guilty of embezzlement, the country’s Public TV Company reported on Friday.

There were three suspects in the trial: Serzh Sargsyan, accused of stealing roughly 500 million drams ($1.3 million) worth of public funds, owner of the Flash oil company Barsegh Beglaryan, accused of being complicit with Sargsyan’s alleged embezzlement, and former Agriculture Ministry official Gevorg Harutyunyan, accused of assisting Sargsyan. All three were found not guilty.

The General Prosecutor’s Office of Armenia is determined to appeal the verdict, state news agency Armenpress reported.

Sargsyan was charged with embezzlement in December 2019. The 3rd President of Armenia, he was in office between 2008 and 2018.

#SERZH SARGSYAN

Armenian government approves bill on fines for passengers who do not pay public transport fare

Today, the Armenian government approved a package of amendments to a number of laws providing for administrative liability for persons using public transport without paying for the fare.

27.03.2025 17:48

Biometric passports to be issued in Armenia from the second half of 2026 - Minister

Biometric passports will begin to be issued in Armenia approximately in the second half of 2026, said Arpine Sargsyan, the Armenian Interior Minister.

27.03.2025 09:26

Some 25,000 Karabakh refugees already employed in Armenia - Ministry of Labor and Social Affairs

Some 25,000 refugees from Nagorno-Karabakh have already found jobs in Armenia, Minister of Labor and Social Affairs Narek Mkrtchyan said today.

26.03.2025 18:53

More than 7 thousand Armenian citizens received "social credits" for $1.7 mln

From January 1, 2025 to the present day, 7,185 Armenian citizens who filled out income declarations have received "social credits" totaling AMD 668 million ($1.7 million), Armenian Prime Minister Nikol Pashinyan said on social media.

24.03.2025 19:17

VTB (Armenia) supported the charity tournament "What? Where? When?"

VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.

21.03.2025 17:28

Armenia to receive $9.1 million grant for "RESILAND: Armenia's Sustainable Landscapes Program" implemented jointly with WB

The Armenian government has approved today a proposal to amend the draft grant agreement on “RESILAND: Armenia's Sustainable Landscapes Program” implemented jointly with the International Bank for Reconstruction and Development (IBRD, part of the World Bank) and the International Development Association (IDA, a WB unit).

20.03.2025 17:46

Checkpoint on Armenian-Turkish border will be open for 10 days for delivery of humanitarian aid from Armenia to Syria

Armenia plans to open the Margara checkpoint on the Armenian-Turkish border from March 21 to March 31, 2025 to transport humanitarian aid to Syria by land through the territory of Turkey, according to a decision made at the government session on Thursday.

20.03.2025 14:05

Artworks auctions planned to be organized in Armenia

Artworks auctions are planned to be organized in Armenia.

20.03.2025 13:11