Society
Multi Group Concern's CEO Sedrak Arustamyan Released on 50 Million Dram Bail
WRed
Multi Group Concern's CEO Sedrak Arustamyan has been released. This information was confirmed in a conversation with Tert.am by Arustamyan's lawyer, Hovik Sukiasyan.
"The court decided to release Arustamyan on a bail of 50 million drams," he stated.
It should be reminded that Arustamyan has been in custody since April 25 in connection with the North-South project. He is facing charges of tax evasion involving particularly large amounts, false entrepreneurship, and money laundering.