Garik Boshyan has been appointed manager of Ararat Brandy, Wine and Vodka Factory OJSC in Yerevan, Armenia’s Economy Minister Gevorg Papoyan announced on his Facebook page.
Papoyan noted that, at the request of the Prosecutor General’s Office and under a ruling by the Anti-Corruption Court, the company’s shares had been transferred to the management and safekeeping of the Republic of Armenia, represented by the Ministry of Economy.
The Ararat Brandy, Wine and Vodka Factory is part of the Multi Group conglomerate owned by Prosperous Armenia Party leader and businessman Gagik Tsarukyan.
On August 3, employees of several companies within Multi Group staged a protest outside the Armenian government building, demanding that their workplaces be reopened.
On the morning of July 6, officers from Armenia’s National Security Service, the State Revenue Committee and the Ministry of Internal Affairs Police carried out simultaneous searches at more than 70 locations, including Tsarukyan’s residence and companies linked to him. Tsarukyan was detained. On July 7, the Court of First Instance of Avan and Nor Nork administrative districts considered his pretrial measure, and by the end of the day ordered his detention for two months.
