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 Friday, November 10 2023 18:53
Naira Badalian

Investigative Committee opens criminal case in fact of  multimillion-dollar violations at High Voltage Electrical Networks  CJSC 

Investigative Committee opens criminal case in fact of  multimillion-dollar violations at High Voltage Electrical Networks  CJSC 

ArmInfo.With the consent of the Prime Minister of the Republic of Armenia, on the basis of an order from the head of the State Supervision Service of the Republic of Armenia, a study was conducted at the High Voltage Electrical Networks  CJSC  which revealed multimillion-dollar violations in the company.

According to the press service of the State Supervision Service, as a  result of the study, obvious violations and systemic problems were  recorded totaling about 10.7 billion drams, 2.6 million US dollars  and 10.6 million euros, as well as an increase in the cost of the  project in the amount of 146.0 million euros due to its untimely  non-implementation. In order to eliminate the abovementioned  violations, as well as systematically solve problems, the Ministry of  Territorial Administration and Infrastructure of the Republic of  Armenia, as an authorized body, has been presented with a proposal to  hold discussions with the Company and take measures to eliminate the  abovementioned violations and systematically solve problems, as well  as in the direction of restoring funds from the state budget of the  Republic of Armenia .

To give a legal assessment, the facts containing signs of an obvious  crime were transferred to the RA Prosecutor General's Office, which  submitted a report of the crime to the RA Investigative Committee. As  a result, on November 3 of this year, a criminal case was opened in  the Main Directorate for Investigation of Particularly Important  Cases of the Investigative Committee of the Republic of Armenia on  the grounds established by the relevant articles of the Criminal Code  of the Republic of Armenia.

In pursuance of the order N12 dated 20.01.1997, of Ministry of Energy  of RoA, proceeding from the improvement necessity in Energy System of  RoA, "High Voltage Electrical Networks" as a subsidiary company was  established in the structure of "Armenergo" State Enterprise on  30.06.1997.

Based on the decision N450 dated 20.07.1998 of the Government of RoA,  "High Voltage Electrical Networks" CJSC (HVEN CJSC) was established  on 21.08.1998 in a way of reorganization of subsidiary company as  "High Voltage Electrical Networks" CJSC.  The main objects and goals  of HVEN CJSC are the transmission of energy via 220-110kV electrical  networks, existing in the balance of HVEN CJSC.

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