Thursday, January 23 2020 18:59
Karina Manukyan

Criminal Court of Appeal made a decision on Ara Vardanyan`s case

Criminal Court of Appeal made a decision on Ara Vardanyan`s case

ArmInfo. On January 23, the Criminal Court of Appeal upheld the decision of the trial court on the recognition of the application of bail as a preventive measure  against former executive director of the Hayastan All-Armenian Fund  Ara Vardanyan.

To recall, the National Security Service of Armenia detained  Vardanyan in July 2018. The latter was charged with abuse of power,  but was later released on bail. According to the National Security  Service, Vardanyan admitted that he used the Fund's credit line of 25  million drams to bet 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.

On October 10 of last year, the Court of General Jurisdiction of  Yerevan decided to change the preventive measure from bail for arrest  in connection with new charges. On December 4, Vardanyan was released  on bail of 10 million drams. 

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