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Recently Resigned Armenian Economy Minister Placed Under House Arrest

Vahan Kerobyan, who resigned as Armenia’s economy minister on February 14, has been charged with “abuse of official powers” and placed under two months’ house arrest.

Earlier this month, seven Armenian Ministry of Economy employees were arrested  on “abuse of power” charges following a probe into a government tender process for services designed for the Public Investment Projects Bank.

Kerobyan publicly voiced his criticism over the arrests and denied the corruption charges.

Armenia’s Investigative Committee, in a statement, claimed ministry officials disqualified a private entity from the procurement tender to make sure that it was won by another bidder that charged a much higher sum. 

Kerobyan, who was appointed economy minister in November 2020, cited “many disagreements” for his resignation.

Photo: Vahan Kerobyan's FB page

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