Tuesday, September 10 2019 23:02

Brother of third president of Armenia Levon Sargsyan charged

Brother of third president of Armenia Levon Sargsyan charged

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. 

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