Armenia’s Investigative Committee is conducting a criminal investigation into the alleged non-payment of taxes totaling 492,076,712 drams by the Arinj Mall shopping center.
“Based on sufficient evidence obtained during the preliminary investigation, public criminal prosecution has been initiated against the company’s current director, Alik Nazaryan, and former director, Samvel Hakobyan, under Point 2 of Part 3 of Article 290 of the Criminal Code on charges of failing to pay taxes on an especially large scale,” the committee said in a statement.
Preventive measures imposed on Alik Nazaryan include house arrest, bail set at 50 million drams and a travel restriction. Samvel Hakobyan has been placed in pre-trial detention.
The preliminary investigation is ongoing.
