Five illicit enrichment suspects under criminal investigation in Armenia so far

13:02,

YEREVAN, MAY 10, ARMENPRESS. Five individuals are currently under criminal investigation in Armenia for suspected illicit enrichment, while 8-9 criminal cases have been launched on money laundering in 2018, Prosecutor General Arthur Davtyan told lawmakers in parliament while presenting his annual report.

“These two crimes are new in our legal practice. And these two have problematic legal interpretations around the world. Nevertheless the illicit enrichment article in the criminal law is functioning in our country for already one and a half year. As of this moment we have five individuals who are under criminal investigation,” he said.

He said money laundering investigations in 2018 have been activates, and in 2017 no such proceedings took place at all. He said very often money laundering charges come up while investigating other charges.

Edited and translated by Stepan Kocharyan

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS