Two detained after searches at Tashir Group headquarters

Following recent raids at the Yerevan headquarters of the Tashir Group of Companies, four individuals have been charged with large-scale money laundering under Article 296.3 of Armenia’s Criminal Code, according to Investigative Committee spokesperson Kima Avdalyan.

Two of the suspects have been placed in pre-trial detention. Motions have been submitted to the court seeking the detention of the remaining two, the spokesperson told Panorama.am on Thursday.

The raids were conducted as part of an ongoing criminal investigation into large-scale money laundering and tax evasion.