Politics

Charges Filed Against Gagik Tsarukyan and Javahir Tsarukyan

Charges Filed Against Gagik Tsarukyan and Javahir Tsarukyan

The leader of the Prosperous Armenia Party, Gagik Tsarukyan, and Javahir Tsarukyan have been charged with circumventing a court order and selling shares of a company in Bulgaria for €23.85 million. This information comes from the judicial information system, 'Datalex.'

According to the indictment, Gagik Tsarukyan and Javahir Tsarukyan are charged under the first part of Article 507 of the RA Criminal Code for failing to comply with another judicial act that has legal force from the moment of its issuance.

It is noteworthy that on November 28, 2025, after summarizing the preliminary results of the investigation related to the property owned by Gagik Tsarukyan, the Department for Seizing Property of Illegal Origin of the Prosecutor General's Office filed a motion with the Anti-Corruption Court on August 4, 2023, regarding the initiation of a claim for the confiscation of property of illegal origin.

In that application, the Prosecutor General's Office requested, among other things, that the court prohibit Gagik Tsarukyan and his wife from performing any actions related to the management of the 98.03% shareholding in the 'Gorna Banya Bottling Company' registered in the Republic of Bulgaria. The court granted the prosecutor's request, prohibiting any actions related to the management of the specified 98.03% shareholding. The notification was delivered personally to Gagik Tsarukyan on August 24, 2023.

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