Gagik Tsarukyan

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Nver Tsarukyan (L) and his father Gagik Tsarukyan (R). Image via RFE/RL.

Armenia

Wanted son of Armenian oligarch on ‘business trip’ in Russia and Belarus

by Arshaluys Barseghyan

•3 min read

A lawyer for Nver Tsarukyan, wanted in Armenia in relation to a shooting incident, said he is currently on a ‘business trip’ to Belarus and Russia. He is the son of Armenian oligarch Gagik Tsarukyan, who is also the founder of the Prosperous Armenia Party. On 26 October, an incident involving Nver Tsarukyan occurred at a casino in Tsaghkadzor. According to an account from Iravaban.net, an argument arose between casino employees and Tsarukyan and his bodyguards, which escalated into a brawl th

Construction of the statue has already begun atop Hatis. Photo: Ministry of Education, Science, Culture, and Sport.

Armenia

Ground broken for massive Christ statue in Armenia

by Ani Avetisyan

•3 min read

The construction of the 33-metre-high statue on Mount Hatis is sponsored by Gagik Tsarukyan, one of the wealthiest people in Armenia. The proposal has raised concerns among many regarding the risks the statue might pose to natural and cultural monuments on the mountain. In an article published on 11 July, Hetq, a prominent Armenian investigative media outlet, revealed that Gagik Tsarukyan’s foundation had received ownership of over 140 hectares around the summit of the mountain in exchange for

Gagik Khachatryan. Photo via armenpress.am.

Armenia

ECHR: Armenia’s former finance minister should receive immediate medical treatment

by OC Media

•3 min read

The European Court of Human Rights (ECHR) has partially upheld an appeal by Gagik Khachatryan for immediate medical treatment. He is currently in pre-trial detention for embezzlement and abuse of power, requesting immediate medical treatment. The appeal was granted on 21 July. The ECHR is requesting that the Government of Armenia ensure that Khachatryan receives immediate medical treatment at a civilian hospital, with the participation of foreign specialists if necessary. Yerem Sargsyan

Gagik Tsarukyan speaking in his defence in parliament.

Armenia

Armenian parliament clears way for arrest of opposition oligarch

by OC Media

•4 min read

The Armenian parliament has voted to lift the parliamentary immunity of opposition leader Gagik Tsarukyan, leading the way for his prosecution. Supporters of Tsarukyan, who leads the Prosperous Armenia Party have taken to blocking the streets of Yerevan. Tsarukyan, one of the richest men in Armenia, is under investigation for vote-buying, illegal business practices, and organising a fraudulent land transfer scheme. Speaking in parliament on Tuesday, the prosecutor general of Armenia appeale

Armenia

Son of former Armenian Finance Minister goes on the run

by OC Media

•3 min read

The son of former Finance Minister of Armenia Gagik Khachatryan has refused to turn himself in after being charged with money laundering and corruption. Gurgen Khachatryan, who denies the charges, remains at large and the National Security Services are currently searching for him. Allegations were first brought against Gurgen Khachatryan on 14 January. He was accused of taking part in a corruption scheme involving his father, who has been in pre-trial detention since 27 August 2019 on corrupti

Nikol Pashinyan (Mari Nikuradze/ OC Media)

Armenia

Pashinyan pauses protests in Armenia after ruling party suggest they will support him

by OC Media

•3 min read

The leader of Armenian protests Nikol Pashinyan has called on people to pause demonstrations, after the ruling Republican Party suggested they might support his appointment as prime minister in a vote on 8 May. On Wednesday, the Republican Party announced they will not present their own candidate and will support one who gains the support of one-third of MPs. Pashinyan said he held a meeting with opposition party’s the Tsarukyan Alliance, the Armenian Revolutionary Federation, and Yelk Bl

Armenia

Mass civil disobedience in Armenia following Pashinyan’s failed PM bid

by OC Media

•4 min read

Mass protests throughout Armenia have gained a second wind after parliament failed to appoint protest leader Nikol Pashinyan as prime minister yesterday. Pashinyan has been demanding a ‘full transfer of power’ from the ruling Republican Party to his movement. On Wednesday, in a 20th day of mass protests in Yerevan and other areas of the country, tens of thousands of protesters paralysed the city’s main arteries, shut down the metro, and temporarily blocked the road leading to Zvartnots Inte