Public criminal prosecution has been initiated against businessman and Prosperous Armenia Party leader Gagik Tsarukyan on charges of tax evasion on an especially large scale, Armenpress reports.
The information was confirmed by Armenia’s Prosecutor General’s Office.
According to the Prosecutor General’s Office, a prosecutor has initiated public criminal proceedings against Tsarukyan under Article 290, Part 3, Point 2 of Armenia’s Criminal Code, which pertains to tax evasion involving particularly large amounts.
Authorities have imposed a travel ban on Tsarukyan as a preventive measure pending further proceedings.
No additional details regarding the allegations or the amount of alleged unpaid taxes were immediately disclosed by prosecutors.
