Sedrak Arustamyan Terrified of Tsarukyan, Says Newspaper

The newspaper ‘Hraparak’ reports that Sedrak Arustamyan, the director of Multi Group Concerns, has recently been charged for the second time in relation to the ‘North-South’ case, specifically for large-scale money laundering. The charges state that this involves legalizing property obtained through criminal means (money laundering).

According to our information, Arustamyan has been involved in this case without the knowledge of Tsarukyan. Recently, when he was summoned for questioning, he did not hide his fear in front of the law enforcement agencies and even requested that the information about the money laundering be kept confidential, so that Tsarukyan would not be informed.

The concern is that following these charges, Tsarukyan may be viewed as an unreliable partner, which could deter foreign investors from engaging in joint ventures.

More details can be found in today’s issue of the newspaper.