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Former Armenian Finance Minister Released on Bail

Lawyers for former Armenian Minister of Finance Gagik Khachatryan, who has been detained since August 2019 on charges of large-scale embezzlement and abuse of official power, report that he has been released on bail.

The lawyers, in a statement, did not specify the bail amount, only that Khachatryan is in urgent need of medical attention.

Suggested reading: The Khachatryan Family’s Shady Offshore Transactions and the Mysterious Death of an Armenian Businessman

Update: Hetq legal system sources report that bail was set in the amount of 120 million AMD ($243,300).

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