Stepanavan's Former Mayor's Son Charged with Money Laundering

The son of the former head of the Stepanavan community in the Lori Province, A.G., is accused of concealing and distorting the source and ownership of property obtained through criminal means, with the intention of legalizing real estate acquired as a result of his father's criminal activity, S.G.

A.G. is alleged to have purchased an area of land included in the list of restrictions under Article 60 of the Land Code (non-expropriable land), which is a public green space that cannot be transferred to citizens and legal entities as private property.

On June 27, 2023, the prosecutor's office initiated a decision to launch public criminal prosecution against A.G. under the first subparagraph of Part 2 of Article 296 of the Criminal Code (money laundering). The decision was sent the same day to the investigative body to present charges against A.G.

On June 27, 2023, the investigative body made a decision to arrest the defendant, who is currently at liberty, for the purpose of presenting him to the court.