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Court rejects Civilitas Foundation's petition against decision of
National Security Service of Armenia
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arminfo
Monday, August 20, 20:31
General Court of the Yerevan Administrative Districts of Kentron and
Nork-Marash has rejected the petition of the Civilitas Foundation
against the decision of the National Security Service of Armenia dated
May 25 2012 on initiation of proceedings against the Foundation,
Civilitas Foundation told ArmInfo.
To recall, the founder of the Foundation is Vardan Oskanyan,
ex-foreign minister of Armenia, parliamentarian from Prosperous
Armenia Party.
On June 12 the National Security Service of the Republic of Armenia
submitted details of the criminal case against Civilitas Foundation
initiated on May 25 (article 190.3 of the Criminal Code of the RA
money laundering).
The criminal case against the Civilitas Foundation concerns the $2mln
transaction for the sale of Huntsman Building Products, an
Armenia-based company owned by US-based Polymer Materials and Huntsman
International, says the National Security Service of Armenia.
"As a result of some inaccuracies in the contract, the transaction was
not submitted to the tax authorities and therefore left untaxed. Of
the charity funds left in Armenia according to the wish of the
American side, as much as $1,135,000 was not spent for charity but was
transferred to accounts opened by the founder and president of the
Civilitas Foundation Vartan Oskanian and the Foundation's trustee
Tigran Karapetyan, with part of the money used for personal needs. In
its turn, contrary to its own charter, the Civilitas Foundation failed
to report on the taxation of the $2mln provided to Polymer Materials
and Huntsman International for charity," says the NSS, adding that the
case stipulates tax inspections, trade analyses, interrogations.
It is noteworthy that Vardan Oskanyan is a witness in the given case,
but he had already refused to give testimonies for several times. In
the meanwhile the Foundation underwent tax and other inspections.
From: A. Papazian
National Security Service of Armenia
X-Sender: Asbed Bedrossian
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
arminfo
Monday, August 20, 20:31
General Court of the Yerevan Administrative Districts of Kentron and
Nork-Marash has rejected the petition of the Civilitas Foundation
against the decision of the National Security Service of Armenia dated
May 25 2012 on initiation of proceedings against the Foundation,
Civilitas Foundation told ArmInfo.
To recall, the founder of the Foundation is Vardan Oskanyan,
ex-foreign minister of Armenia, parliamentarian from Prosperous
Armenia Party.
On June 12 the National Security Service of the Republic of Armenia
submitted details of the criminal case against Civilitas Foundation
initiated on May 25 (article 190.3 of the Criminal Code of the RA
money laundering).
The criminal case against the Civilitas Foundation concerns the $2mln
transaction for the sale of Huntsman Building Products, an
Armenia-based company owned by US-based Polymer Materials and Huntsman
International, says the National Security Service of Armenia.
"As a result of some inaccuracies in the contract, the transaction was
not submitted to the tax authorities and therefore left untaxed. Of
the charity funds left in Armenia according to the wish of the
American side, as much as $1,135,000 was not spent for charity but was
transferred to accounts opened by the founder and president of the
Civilitas Foundation Vartan Oskanian and the Foundation's trustee
Tigran Karapetyan, with part of the money used for personal needs. In
its turn, contrary to its own charter, the Civilitas Foundation failed
to report on the taxation of the $2mln provided to Polymer Materials
and Huntsman International for charity," says the NSS, adding that the
case stipulates tax inspections, trade analyses, interrogations.
It is noteworthy that Vardan Oskanyan is a witness in the given case,
but he had already refused to give testimonies for several times. In
the meanwhile the Foundation underwent tax and other inspections.
From: A. Papazian