ArmInfo. Based on the operational data of the National Security Service of Armenia, Ara Vardanyan, Director of the Hayastan All-Armenian Fund, was detained on July 2.
He is suspected of misappropriating funds and abuse of authority of an employee of a public organization, the NSS press service reported. According to the source, under the pressure of the presented facts Vardanyan admitted that he used the funds for personal purposes, including making bets in the casino, possessing a credit card provided to the fund for 25 million drams.
According to him, he refunded the funds from the credit card at the expense of funds donated to the fund. In addition, Vardanyan admitted that he transferred the personal cash funds to accounting departments, thereby hiding the fact of appropriation of the fund's resources. Only last week Vardanyan transferred 14 million drams from the bankcard of the fund, and in the period from 2016 to 2018. this amount was about 130 million drams.
Press office of the National Security Service notes that at present Hayastan All-Armenian Fund is conducting checks to disclose possible abuses and misappropriation of funds, as well as to clarify the legality of the costs of donated funds. Ara Vardanyan is detained, the investigation continues.