Criminal proceeding instituted against Mihran Poghosyan
Criminal proceeding has been instituted at the Special Investigative Service against Mihran Poghosyan, already the former head of the Judicial Acts Compulsory Enforcement Service of Armenia. The SIS informed “A1+” that as of now no details can be provided, as the criminal case was instituted only yesterday. It is only clear that the criminal case was instituted based on high-profile media reports on Mihran Poghosyan’s offshore transactions in Panama, corresponding to the provisions of Article 310 of Armenia’s Criminal Code (Illegal participation in entrepreneurial activity: Participation of a state official, despite the legal ban, in the founding, management of an entrepreneurial organization, personally or through proxy, when these actions involve granting this organization privileges and advantages, is punished with deprivation of the right to hold certain posts or practice certain activities for up to 5 years, and a fine in the amount of 200 to 400 minimal salaries, or with arrest for the term of 1-3 months, or with imprisonment for the term of up to 2 years.) No other information was provided by the SIS.
