Aghvan Hovsepyan Arrested by Special Investigative Service

The Special Investigative Service of Armenia has confirmed that sufficient evidence has been obtained in the criminal case against Aghvan Hovsepyan. Between March 18, 2004, and September 13, 2013, he served as the Attorney General of Armenia, and from July 18, 2014, to June 11, 2018, he held the position of Chairman of the Investigative Committee of Armenia. During this time, he was found to have been effectively involved in the management of several private companies engaged in entrepreneurial activities. Additionally, he received a substantial bribe totaling 190,000,000 AMD and committed theft of property valued at 800,000,000 AMD through fraudulent means.

Aghvan Hovsepyan has also been charged with the legalization of particularly large amounts of property, totaling 1,299,404,414 AMD, acquired through criminal means (money laundering). The charges against him fall under Article 310, Part 4, Item 2 of Article 311, Part 3, Item 1 of Article 178, and Part 3, Item 1 of Article 190 (three episodes) of the Criminal Code of Armenia.

On September 7, 2021, Aghvan Hovsepyan was arrested. More detailed information will be published during the preliminary investigation as it pertains to the interests of the criminal case.

Notice: The person suspected or accused of the alleged crime is considered innocent until proven guilty by a court ruling that has entered into legal force in accordance with the Criminal Procedure Code of Armenia.