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OC Media (5 December 2019)

The former President and Prime Minister of Armenia, Serzh Sargsyan, has been charged with embezzling around ֏490 million ($1 million).

On 4 December, Armenia’s Special Investigative Services (SIS) announced that Sargsyan was being charged with ‘the embezzlement of a large amount of state money.’ 

Popular protests swept Sargsyan from government in the spring of 2018 bringing Nikol Pashinyan to power. Since then supporters of the Velvet Revolution have expressed hopes that former officials would be prosecuted for crimes allegedly committed during the Republican Party’s nearly two decades of rule.

Crowds celebrated in Yerevan after Pashinyan’s appointment as PM on 8 May, ending two decades of Republican Party rule. Photo: Armine Avetisyan /OC Media.

Sargsyan is the latest in a series of high profile figures from the Republican Party to be prosecuted.

If found guilty Sargsyan could face between four to eight years imprisonment. He has been prohibited from leaving the country.

Sargsyan has denied the charges. 

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