HEAD OF "VMG GROUP" ARRESTED WITH FRAUD CHARGES
http://www.arminfo.am/index.cfm?objectid=71D2FA70-6156-11E2-AD2DF6327207157C
Friday, January 18, 13:01
The head of "VMG Group" CJSC, Vladislav Mangaseryan, was arrested
in Armenia. He has become especially known after bankruptcy of a
businessman from the Armenian Diaspora, Edmon Khudoyan.
As press-service of the Armenian Police told ArmInfo correspondent,
Vladislav Mangasaryan, was arrested on January 17 after midnight
by employees of the Nor-Nork department of Police. He was in the
wanted list from January 16 with fraud charges. Mangasaryan has been
sent to Nubarashen penitentiary. The details of Mangaseryan's case
are not clear yet. However, it is supposed that he was arrested on
Khudoyan's case.
To note, the American-based Armenian businessman Edmon Khudoyan has
been accusing Mangasaryan for being a member of the criminal group
that embezzled $8.5 million equivalent real estate property and $1.5
million equivalent sums from his "Arin Capital" investment company
he established in Armenia. He said that the criminal group is under
the patronage of the Armenian president's brother, Levon Sargsyan.
However, when talking to ArmInfo correspondent, Levon Sargsyan
disproved these accusations calling them false. "I have nothing in
common with the deeds which Khudoyan has been trying to blame me for.
Today any man may accuse another one without proof", - Sargsyan said.
When commenting on Khudoyan's initiative to appeal to the European
Court for Human Rights, Sargsyan said that is his own right and he
can do what he wants.
To note, earlier Mangaseryan said at the press-conference that he is
an honest man and has nothing in common with any criminal groups.
From: A. Papazian
http://www.arminfo.am/index.cfm?objectid=71D2FA70-6156-11E2-AD2DF6327207157C
Friday, January 18, 13:01
The head of "VMG Group" CJSC, Vladislav Mangaseryan, was arrested
in Armenia. He has become especially known after bankruptcy of a
businessman from the Armenian Diaspora, Edmon Khudoyan.
As press-service of the Armenian Police told ArmInfo correspondent,
Vladislav Mangasaryan, was arrested on January 17 after midnight
by employees of the Nor-Nork department of Police. He was in the
wanted list from January 16 with fraud charges. Mangasaryan has been
sent to Nubarashen penitentiary. The details of Mangaseryan's case
are not clear yet. However, it is supposed that he was arrested on
Khudoyan's case.
To note, the American-based Armenian businessman Edmon Khudoyan has
been accusing Mangasaryan for being a member of the criminal group
that embezzled $8.5 million equivalent real estate property and $1.5
million equivalent sums from his "Arin Capital" investment company
he established in Armenia. He said that the criminal group is under
the patronage of the Armenian president's brother, Levon Sargsyan.
However, when talking to ArmInfo correspondent, Levon Sargsyan
disproved these accusations calling them false. "I have nothing in
common with the deeds which Khudoyan has been trying to blame me for.
Today any man may accuse another one without proof", - Sargsyan said.
When commenting on Khudoyan's initiative to appeal to the European
Court for Human Rights, Sargsyan said that is his own right and he
can do what he wants.
To note, earlier Mangaseryan said at the press-conference that he is
an honest man and has nothing in common with any criminal groups.
From: A. Papazian