COURT ACQUITS ROYAL ARMENIA COMPANY LEADERSHIP

arminfo
2007-07-16 13:10:00

First Instance Court of Yerevan Center and Nork-Marash communities
rendered judgment of acquittal on the case of Royal Armenian Company
leadership, Monday.

Judge Pargev Ohanyan acquitted Royal Armenia Director Gagik Hakobyan
and Deputy Director Aram Ghazaryan. The court made a decision on
initiation of a criminal case against "FIG" Company Director Vache
Petrosyan for misinterpretation.

To recall, G. Hakobyan and A. Ghazaryan were arrested in October 2005
for forging commercial invoices and counterfeiting of 1.5 bln drams.