Armenia ex-Prosecutor General charged with fraud, money launderingSeptember 7, 2021 - 14:14 AMT PanARMENIAN.Net - The Special Investigation Service of Armenia has detained ex-Prosecutor General and the former head of the Investigative Committee Aghvan Hovsepyan. According to evidence obtained by the Special Investigation Service, Hovsepyan, while holding the position of the Prosecutor General from March 18, 2004 to September 13, 2013, and that of the head of the Investigative Service from July 18, 2014 to June 11, 2018, actually participated in the management of a number of LLCs engaged in entrepreneurial activity. The authorities have established that Hovsepyan embezzled property in the amount of AMD 800 million (over $1.6 million) and received a AMD 190 million ($385,000) bribe while in office. He has also been charged with laundering around AMD 1.3 billion (over $2.6 million). The ex-Prosecutor General has thus been charged with illegal participation in entrepreneurial activity, bribery, fraud and legalization of illicit proceeds. He was detained on September 7. Top stories The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18. Partner news | Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. |