Criminal Proceedings Launched Against Directors of Companies Linked to Kocharyan

The prosecutor has initiated public criminal proceedings against I.H., the current director of the retail clothing company "Gritti" LLC, H.M., the former director of the same company, A.A., the director of "Fast Cart" LLC operating under the "PLAY CITY" brand, and K.A., the director of "Kinetic" LLC for failure to pay large amounts of taxes.

Specifically, the investigation revealed that, starting from March 7, 2018, I.H., as the director of the retail clothing company "Gritti" LLC operating at the addresses 3 Northern Avenue ("Stefano Ricci") and 12 Tumanyan Street ("Corneliani") in Yerevan, included distorted data in the tax calculations submitted to the tax authority during the period from November 2021 to July 2026, with the aim of not paying 1 billion 577 million 83 thousand AMD in taxes to the state budget.

The criminal proceedings also established that H.M., who held the position of director of "Gritti" LLC from May 25, 2007, until March 2018, included distorted data in tax calculations submitted to the tax authority, which resulted in not calculating and not paying 328 million 664 thousand AMD in taxes to the state budget.

Furthermore, the prosecutor has launched public criminal proceedings against A.A., who has been the director of "Fast Cart" LLC under the "PLAY CITY" brand since February 13, 2004, for failure to pay 141 million 54 thousand AMD in taxes during the period from July 1, 2025, to June 23, 2026.

Additionally, K.A., the director of "Kinetic" LLC (Orange Fitness) operating at 7/1 Tsitsernakaberd Highway, has also been implicated in failing to pay 520 million 215 thousand AMD in taxes since October 17, 2012.

Notice: A person charged with a crime is presumed innocent until proven guilty in accordance with the procedures established by the Criminal Procedure Code and by a legally binding court decision.