Charges Filed Against Head of Kotayk Regional Network of Haypost LLC

The Anti-Corruption Committee of Armenia has announced that during the criminal proceedings investigated, it has been established that the head of the Kotayk regional network of Haypost LLC abused his powers and exploited his influence against the interests of the company from October 18, 2024, to February 24, 2025.

Specifically, the investigation found that the aforementioned head regularly instructed employees to make transfers from the company's financial resources to his personal bank cards through the inter-Republican electronic money transfer system. He also directed them to make payments for utility expenses and to recharge his mobile phone balance, assuring employees that any deficits arising from the transfers would be settled shortly.

However, the regional network head failed to make the promised payments, fraudulently embezzling a significant amount of money from the company. He has been charged under Article 255, Part 2, Points 2 and 3 of the Criminal Code of Armenia. A prohibition has been imposed on real estate belonging to the accused equivalent to the amount of damage caused.

The investigation has been completed, the prosecutor's indictment conclusion has been approved, and the case materials have been sent to the Anti-Corruption Court of Armenia.

Notice: The accused is presumed innocent of the crime until proven guilty in accordance with the law by a legally binding court verdict.