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Paper Report: Embattled Candidate May Face Money Laundering Charges

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  • Paper Report: Embattled Candidate May Face Money Laundering Charges

    PAPER REPORT: EMBATTLED CANDIDATE MAY FACE MONEY LAUNDERING CHARGES AS WELL

    Vote 2013 | 13.02.13 | 12:13

    Clouds are gathering over a presidential candidate, writes the
    Zhoghovurd newspaper about Vardan Sedrakyan, contending that the
    epic poetry expert turned politician now linked to suspects in an
    assassination attack on a rival may also face money laundering charges.

    "His transition from a modest to a luxurious lifestyle with expensive
    cars could not have escaped the attention of law-enforcement bodies,"
    writes the opposition-leaning paper.

    "With two of his neighbors arrested in connection with the shooting
    of presidential candidate Paruyr Hayrikyan, Sedrakyan himself will be
    summoned to Armenia's National Security Service (NSS) for questioning.

    Law-enforcement bodies are most of all interested in the sources of
    the candidate's financing and therefore he will have to introduce
    the necessary documents. It is not ruled out that he may be accused
    of money laundering," it adds.

    Sedrakyan, who has been boasting of his financial independence
    and showing off his garage of posh cars, spent Tuesday denying any
    involvement in the shooting attack on opposition candidate Paruyr
    Hayrikyan after the two suspects in the case arrested by the NSS turned
    out to be people formally employed by him. The maverick candidate
    predicted his arrest after the February 18 election, insisting that if
    so, it would be an instance of framing him up in the high-profile case.

    http://armenianow.com/vote_2013/43433/armenia_presidential_election_2013_vardan_sedrakya n

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