Armenia’s Investigative Committee reports large-scale raids across dozens of locations

Armenia’s Investigative Committee is conducting simultaneous searches at 51 different addresses.

The Investigative Committee stated that the de facto heads of several companies are suspected of large-scale money laundering, embezzlement, and tax evasion, Caliber.Az reports, citing Armenian media.

The criminal proceedings have been launched by the Main Directorate for the Investigation of Economic Crimes and Smuggling under the Investigative Committee.

Criminal prosecution has been initiated against 11 individuals: five have been arrested, one is under a travel ban, another has been detained, and four are currently wanted.

It is worth noting that searches were carried out at the office of "Tashir Group". It was later reported that the criminal case was opened on suspicions of large-scale money laundering and tax evasion.

By Vugar Khalilov