
ArmInfo.Former Director of the Armenian National Interests Fund (ANIF) CJSC, David Papazyan, recalled that Nikol Pashinyan "shattered our hopes" as soon as he was placed on the international wanted list. Pashinyan stated this on September 23 during a panel discussion on the sidelines of the Fourth Armenian Democracy Forum.
"It's good that he didn't think to make such a statement four months earlier, so that international organizations would recognize him as a political prisoner one after another," Pashinyan said.
As the Prime Minister pointed out, it is unfair to use the authorities' fight against corruption against those same authorities. He reiterated that there has been no systemic corruption in Armenia since 2018.
"If there were systemic corruption, then I would have my share of all these corrupt deals you know about." Only I know whether I have a stake or not, and I tell you, there has never been and never will be systemic corruption in the Republic of Armenia. However, isolated instances of corruption have been and will be in many countries," he concluded.
As a reminder, on September 22, David Papazyan accused Nikol Pashinyan on social media of failing ANIF programs. "Nikol Pashinyan is trying to make us scapegoats for his and his government's shameful mistakes and failures, which have thwarted several projects created by the ANIF founding team. Nikol Pashinyan, who has unacceptably abused the trust of many of us, faces another failure. It will not be possible to blame us for his and his government's shameful mistakes and shortcomings, which have thwarted the implementation of several programs developed by the ANIF founding team," Papazyan wrote.
Meanwhile, on August 15, it was announced that the RA Prosecutor General's Office had opened a criminal case against former ANIF CJSC Director David Papazyan, former Anti-Crisis Investment Fund "Entrepreneur+State" CJSC Director Bella Manukyan, and Karine Andreasyan, CJSC Director. A criminal case has been opened against David Papazyan under three articles of the Criminal Code of the Republic of Armenia: document forgery (Article 457), money laundering on an especially large scale (Article 296, Part 3, Clauses 2 and 3), and abuse of office in the private sector (Article 277, Part 2, Clause 2). In September, the RA Investigative Committee announced that Papazyan would be placed on an international wanted list.
Papazyan headed ANIF from 2019 to 2024. The fund was established in 2019, financed from the state budget, and intended to invest in business projects significant to the country. Experts, including those from abroad, were brought in to manage it. However, some of the funds were discovered to have been funneled to dubious companies registered offshore. On May 23, 2024, the Cabinet of Ministers decided to dissolve the Armenian National Interests Fund (ANIF).