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Widespread Fraud In Payment Of State Pensions Handled By Large Group

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  • Widespread Fraud In Payment Of State Pensions Handled By Large Group

    WIDESPREAD FRAUD IN PAYMENT OF STATE PENSIONS HANDLED BY LARGE GROUP OF INVESTIGATORS

    / ARKA /
    August 24, 2011
    YEREVAN

    Armenia's prosecutor general, Aghvan Hovsepian, said today the inquiry
    into a widespread fraud, embezzlement of public funds and abuse of
    power in the payment of state pensions and benefits is being handled
    by a large group of investigators.

    The widespread fraud was revealed by the parliament's Audit Chamber
    last year. Its head, Ishkhan Zakarian, said thousands of Armenian
    pensioners received, on paper, pensions years after their death. He
    implied that this money had been pocketed by officials from the State
    Social Security Service.

    Aghvan Hovsepian said today three criminal cases were opened into
    these abuses which were later consolidated into one case. The
    violations were reported to president of Armenia Serzh Sargsyan,
    who told prime minister Tigran Sarkisian to fire head of the State
    Social Security Fund Vazgen Khachikyan. In a subsequent probing the
    prosecutors estimated that some 113 million drams had been pocketed
    by officials from the State Social Security Fund in 2009-2010. The
    embezzled sum has been calculated on the basis of materials examined
    by investigators. The investigation is continuing." ($ 1 - 367.62
    AMD).



    From: Emil Lazarian | Ararat NewsPress
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