The findings recorded at companies owned by Prosperous Armenia Party leader and businessman Gagik Tsarukyan are substantiated, according to Eduard Hakobyan, chairman of Armenia's State Revenue Committee.

“All inspections were carried out in due time. All findings have a legal basis, supporting evidence and calculations,” Hakobyan said, according to Aysor.am.

The head of the State Revenue Committee declined to answer additional questions, saying he was in a hurry to attend the government meeting.

Since the early morning of July 6, officers of the National Security Service, the State Revenue Committee and the Ministry of Internal Affairs Police have carried out simultaneous searches at more than 70 locations, including Tsarukyan's residence and companies linked to him. Tsarukyan was detained. Early on July 7, the Court of General Jurisdiction of Avan and Nor Nork administrative districts considered the request for his pretrial measure, and by the end of the day ordered his detention for two months.