ArmInfo. The Investigative Committee of Armenia (IC) received data on unprecedented abuses by former Minister of Transport and Communications Gagik Beglaryan and former MP of the National Assembly of the Republic of Armenia Mher Sedrakyan.
According to the press service of the IC, an alarm was received from a director of the universal credit organization that during 2012-2016 years former executive director of the same organization, to the detriment of the interests of the company issued loans to organizations in violation of the law. A criminal case was initiated in accordance with Article 214 of the Criminal Code (Abuse of powers by employees of commercial or other organizations). Based on the data received in 2017, it was decided to involve the former executive director of the company as an accused based on Article 214 of the RA Criminal Code, and to choose a pledge not to leave the place as a measure of restraint. After that, the investigation of this case continued, as a result of which criminal transactions were revealed
In particular, three different criminal cases were initiated in connection with the submission of falsified documents to the Central Bank under articlesfull 325 and 182 of the RA Criminal Code (Extortion) and cashing and appropriating the funds of the former executive director from citizen's bank card under the pretext of investing 500 thousand drams (about 1 thousand dollars) based on the Article 179 (misappropriation or embezzlement) of the Armenian Criminal Code. The cases were merged into one proceeding and transferred to the department of especially important cases of the IC. As a result of large-scale actions within this case it was revealed that high-ranking officials also have connection with these criminal actions. For example, the former Minister of Transport and Communications Gagik Beglaryan was mentioned as a person involved in extorting a stake, collecting confidential banking information. Moreover, information was also received on the excess of his office by MP Mher Sedrakyan. On August 28, it was decided to transfer this case to the Special Investigation Service (SIS).