Corruption & Bribery Cases Revealed

 

Armenian office of prosecutor general discovers 64.1 billion drams worth damage caused to government
/Oct 29/ARKA/

YEREVAN – As part of criminal cases initiated by a department of Armenia’s Office of Prosecutor General engaged in fighting corruption and economic crimes, a total of 64.1 billion drams worth damage sustained to the government, was revealed in the first 9 months of 2018.
The Office of Prosecutor general said today that 10.5 billion drams worth damage was already recovered. It said of the total amount some 14.2 billion drams worth damage was revealed during the investigation into criminal cases launched by the National Security Service, almost 9 billion drams worth damage was revealed by the investigation department of the State Revenue Committee, 7.7 billion drams worth damage was discovered by the Special Investigative Service, and the rest – about 33.4 billion drams – by the Investigative Committee.
The latter amount includes 23.5 billion drams damage, revealed by the criminal case initiated by the Prosecutor General’s Office into the implementation of the North-South Transport Corridor program.
In addition to 10.5 billion drams that were recovered, another 6.9 billion drams worth damage is expected to be recovered as arrest was imposed on that amount in foreign currency.
The Office of Prosecutor general said also that some 1.7 billion drams were recovered as  fines and penalties. ($ 1 – AMD 485.97).
 

10,554,316,736 drams in damages recovered
/Oct 29/A1+/

The general prosecution has recapped the results of recovering damages to the state in corruption and white-collar crimes in the first 9 months of 2018.

The Prosecutor General’s Office said in a press release that the total damages to the state discovered within the framework of criminal cases is 64,130,144,343 drams – nearly 132 million dollars.

About 14 billion drams from the total amount in damages was discovered by the national security service, nearly 9 million drams by the state revenue committee, about 7,5 billion by the investigative committee, and the remainder – more than 33 billion – by probes at the Investigative Committee.

The latter also includes the 23,553,817,000 drams in damages to the state as a result of misuses funds during the implementation process of the North-South Road Corridor project.

During the 9 months of 2018, 10,5 billion drams in damages has been recovered, while nearly 7 billion damages is guaranteed by criminal-judicial tools – freezing of assets.

In addition to criminal damages to the state, the investigation of the national security service has led to nearly 1,7 billion drams in penalties and fines being paid to the state budget.

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