Wednesday, December 4 2019 19:13
Marianna Mkrtchyan

Ara Vardanyan released on bail

Ara Vardanyan released on bail

ArmInfo. Former executive director of the Hayastan All- Armenian Fund Ara Vardanyan was  released.

So, according to the decision of the capital court of general  jurisdiction, Vardanyan was released on bail of 10 million drams  (20.8 thousand dollars).

According to the defense of Ara Vardanyan, their client will be free  immediately after the transfer of the amount of the security deposit  to the court's deposit account.

It should be noted that the National Security Service of Armenia  detained Vardanyan in July 2018. The latter was charged with abuse of  power. However, Vardanyan was later released on bail. According to  the NSS, 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.

However, on October 10 of this year, the Court of General  Jurisdiction of Yerevan decided to change the measure of restraint  against Ara Vardanyan, in connection with the change and the  introduction of new charges against him.

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