ArmInfo. In the framework of the criminal case on the facts of abuses committed during the construction of the North-South road, the Investigative Committee of Armenia today indicted the brother of the third president of the RA, Serzh Sargsyan, Levon Sargsyan.
According to the RA IC, the preliminary investigation provided enough evidence to attract Levon Sargsyan as the accused. He was charged under paragraph 1 of part 3 of article 190 and paragraph 2 of part 4 of article 311 of the Criminal Code of Armenia.
A petition was submitted to the court to choose a preventive measure in the form of arrest in respect of Sargsyan. He is wanted.
To recall, the loan agreement in the framework of Tranche-2 for the construction of the North-South transport corridor was signed on May 30, 2011. The general contractor was the unknown Spanish Corsan Corviam Construccion S.A. The contracted cost of construction work was $ 179.6 million, the Asian Development Bank acted as a creditor ($ 170 million). Today, construction work is suspended due to the very poor quality of work. The company actually went bankrupt.
According to independent observers, it was the president's brother who could be the main figure that "protects" this company. According to experts, we could talk about "kickbacks" in the amount of 30-40% of the contract amount. At the time the contract was signed with the Spanish company, Levon Sargsyan held the post of ambassador on special assignments.