Tsarukyan`s lawyer presents details of his client`s case

ArmInfo.  Emin Khachatryan, the lawyer for businessman Gagik Tsarukyan and leader of the Prosperous Armenia Party, presented details of his client's case.

The lawyer explained that he was forced to publish these details in  response to questions about a letter from Iranian citizens recently  published in the pro-government press and widely circulated. "The  Iranian citizens who authored the letter initially filed a police  report in their country against their director, Hamlet Tumanyan, who,  incidentally, has been a close friend of Arman Olameyn's father for  many years.

However, following a comprehensive review of the case by the  competent courts of the Islamic Republic of Iran, the court of appeal  issued a final judgment clearly stating that there were no elements  of crime or fraud in Hamlet Tumanyan's actions. Following this, the  Olameyn father and son acknowledged in writing their debt to Gagik  Tsarukyan in the amount of $14.5 million, for which a corresponding  promissory note was issued. They pledged to repay this amount within  two years, by 2026," Khachatryan said.

He also noted that after the debt repayment deadline expired, instead  of fulfilling their obligations, the Olameyn father and son brought  clearly unfounded and false accusations against Gagik Tsarukyan. The  lawyer is confident that the purpose of these actions, based on the  available evidence, is clearly to avoid fulfilling their financial  obligations and prevent debt repayment.

"You have been presented with the original final judgment of the  Court of Second Instance of the Islamic Republic of Iran and its  official Armenian translation, as well as a copy of the promissory  note. These documents allow everyone to make their own assessment of  the facts presented. The content of the documents once again proves  that the charges brought against Gagik Tsarukyan are not supported by  objective facts, and the criminal case is based on allegations that  clearly contradict existing documents and judicial decisions," the  lawyer concluded, releasing the relevant documents.

As a reminder, on July 6, Gagik Tsarukyan, leader of the Prosperous  Armenia Party and businessman, was detained and taken to the  Investigative Committee of Armenia. He is accused of organizing fraud  and money laundering on an especially large scale. According to  investigators, between 2022 and 2024, a group operating under his  leadership, under the pretext of developing trade and economic ties  between Armenia and Iran, created joint legal entities with the  participation of Iranian citizens, after which they carried out a  fraudulent scheme, causing damages totaling over $21 million.  Furthermore, Gagik Tsarukyan faces another charge of illegal hunting.  On July 7, the court granted the prosecution's motion to remand  Tsarukyan in custody for two months.