ArmInfo. On October 15, the Criminal Court of Appeal rejected the motion of the defense to change the preventive measure of ex-director of the Hayastan All- Armenian Fund Ara Vardanyan.
This information was confirmed by the lawyer of the accused Yervand Varosyan. Recall that on October 10, by a court decision, the preventive measure against Vardanyan was changed from a security deposit. Ex-Director of Hayastan All-Armenian Fund was detained by the National Security Council of Armenia in July 2018. He is charged with abuse of power. According to the National Security Council, Vardanyan admitted that he used the Fund's credit line of 25 million drams for bets at various online casinos. However, as representatives of the fund subsequently stated, Vardanyan returned the funds spent from the budget even before the intervention of law enforcement agencies.