Arrest Warrant Issued for Levon Sargsyan, Brother of Serzh Sarksyan

Armenia’s Special Investigative Service issued an arrest warrant for Levon Sargsyan, brother of former Armenian president Serzh Sargsyan, on charges of “illegal enrichment” and other financial irregularities.

Levon Sargsyan sits on board of the Pyunik Charitable Foundation, which owes 40% of JLJ Proyect Company LLC, the firm changed with cooking its financial books.

Also implicated in the “illegal enrichment” case are Levon Sargsyan’s son Narek and daughter Ani. The Sargsyan family has been under investigation after law-enforcement discovered $6.8 million held by them in an unnamed Armenian bank and they have not filed income tax.

This entry was posted in News. Bookmark the permalink.