Former Armenian deputy PM accused of money laundering

Armenia’s Anti-Corruption Committee has charged former Deputy Prime Minister Armen Gevorgyan with laundering approximately 4.9 billion drams (around $12.4 million) between 2000 and 2018. The investigation found that Gevorgyan, who held several top government positions during that time, illegally acquired significant assets and concealed their origins through relatives and offshore properties.

Authorities say 39 real estate properties registered under Gevorgyan and his relatives in Yerevan and various regions were vastly undervalued in official documents. Additionally, 10 properties in the Czech Republic linked to him were valued at around $920,000.

The pre-trial investigation has completed and the case has been submitted to the prosecutor for confirmation and referral to court. Gevorgyan currently serves as a member of the Armenian parliament representing the opposition Hayastan faction.