Sedrak Arustamyan and Arthur Dalakyan, Directors of Gagik Tsarukyan's Multi Group, Arrested

The Investigation Committee of the Republic of Armenia is conducting an investigation into a case involving significant economic crimes and smuggling perpetrated by G. Tsarukyan and others, wherein properties and monetary funds equivalent to 21 million 72 thousand 827 US dollars, amounting to 8 billion 126 million 946 thousand 460 AMD, were allegedly stolen through deception and money laundering.

Based on sufficient evidence obtained, former chief director of the concern, Sedrak Arustamyan, and company director Arthur Dalakyan have been publicly prosecuted under the 3rd part of point 3 of Article 46-255 of the Criminal Code (aiding particularly large-scale fraud) and the 3rd part of point 3 of Article 46-296 of the Criminal Code (aiding particularly large-scale money laundering).

On August 5, 2026, based on decisions made by the authority conducting the proceedings, Arustamyan and Dalakyan were arrested for the purpose of being presented to the court. The preliminary investigation continues.