Yerevan news: According to a report by the Armenian News Agency on the 25th, the General Prosecutor's Office of Armenia initiated criminal charges against former President Robert Kocharyan on the 24th, accusing him of abusing power, accepting bribes, and money laundering. Six people, including him and his eldest son Shedrak, have now been arrested. The report said that the Armenian Anti-Corruption Commission accuses Kocharyan of using his position as president to buy many high-value state-owned assets through various means at prices significantly lower than the market. The commission said that earlier on the 25th, law enforcement officers carried out searches and other operations on dozens of properties under the name of Kocharyan and his family.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.