Former Oligarch Begins Testifying Against Serzh Sargsyan

Former oligarch Mikhail Baghdasarov has begun testifying against former president Serzh Sargsyan, according to the "Zhamanak" newspaper.

Baghdasarov lost his major businesses in Armenia during Sargsyan's rule, spanning from the import of petroleum products to the bankruptcy of the "Armavia" airline, after which he left Armenia.

Since the Velvet Revolution, he has started to return to business activities, albeit on a much smaller scale.

For more details, refer to today's issue of the newspaper.