A new criminal case has been instituted against Kocharian, he is  accused of money laundering

ArmInfo. A new criminal case has been instituted against the second Armenian President Robert Kocharian, he is accused of laundering money. Head of the National  Security Service of Armenia Artur Vanetsyan told a news conference.

According to him, the case was initiated the other day. In this  regard, Vanetsyan showed the journalists a document in which  Kocharyan's property and schemes of illegal acquisition of this  property are listed on several sheets. "For example, here there is a  scheme of how the Italian company" Renko "became the property of the  Kocharyan family," Vanetsyan said, saying that it is about hundreds  of millions of dollars.

He also said that Sashik Sargsyan's third president's looted brother  is in the banks of Armenia and foreign countries. "Everyone says that  they have 50% of Sashik Sargsyan's share in various enterprises of  Armenia, whose shares he forcibly took, all of which are in banks,"  Vanetzian assured.

"For 20 years, this country was plundered, people were in poverty,  foreign debt has grown many times." The award is estimated at  billions of dollars, but we will return everything to the people, and  then we will leave our posts with calm soul, "Vanetzian assured.

It should be noted that Kocharyan is accused of overthrowing the  constitutional order in the framework of the case on March 1, 2008.