General Director of "Spayka" will be released from custody

ArmInfo.The grounds for applying the arrest against the Director General of Spayka LLC have been eliminated, the press service of the State Revenue Committee (SRC) of  Armenia reported.

According to the source, this decision was made due to the removal of  the grounds for arrest, as well as due to the fact, that within the  criminal case David Ghazaryan transferred to the single account an  amount of 1.000.000.000 drams (over $ 2 million).

"In view of this, the prosecutor supervising the preliminary  investigation decided to change the measure of restraint in the form  of arrest against the owner and CEO of Spayka, David Ghazaryan," the  statement reads.

On April 5, ArmInfo, citing the SRC, reported that the SRC  Investigation Department revealed a case of non-payment of taxes by  Spayka LLC in the amount of 7 billion drams (about $ 14.4 million).  It was reported that between Jan 1, 2015 and Jan 11, 2016 the  company, using shadow schemes and not declaring real data on imported  goods within the time limits stipulated by law, did not submit the  necessary customs declarations. "In fact, Spayka LLC, deliberately  aiming not to pay the necessary taxes and duties, did not pay customs  duties and taxes in the amount of 7,036,666,312 AMD (more than $ 14.4  million) to the state budget. For clarification the size of the  damage caused to the state for the remaining months of 2016, as well  as for the years 2017-2018, investigative and procedural actions are  continuing, "the SRC informed.  For committing these acts on April 4,  2019, David Ghazaryan was charged under part 2 of Article 205 of the  Criminal Code of Armenia (evasion of taxes, duties or other  obligatory payments exceeding a thousand times the minimum wage set  at the time of crime). On the same day, the Investigation Department  of the SRC sent a petition to the court of first instance of general  jurisdiction of Yerevan on the application of a measure of restraint  in the form of arrest against Ghazaryan, which was considered on  April 5. On April 8, the court granted the request of the  investigator of the investigative department of the SRC and ordered  the arrest of the director of the company, Ghazaryan, for a period of  2 months. On April 30, the Court of Appeal of Armenia decided to keep  in custody David Ghazaryan, the Director General of Spayka Company.