Switzerland’s Ambassador to Armenia Lukas Gasser has replied to a Hetq inquiry requesting clarification as to why the Swiss Federal Department of Justice refused a petition by Armenia’s Special Investigative Service (SIS) for legal assistance in the case of the offshore business dealings of Mihran Poghosyan, Armenia’s former Major General of Justice.
It was part of the international Panama Papers expose; an investigation encompassing hundreds of reporters and scores of news sites delving into the unprecedented leak of 11.5 million files from the database of the world’s fourth biggest offshore law firm, Mossack Fonesca.
The Center writes: “We believe that the sponsorship, unprofessional approach and lack of follow-up by the authorities regarding similar cases in the past, like the Cyprus offshore business scandal surrounding former prime minister Tigran Sargsyan served as a precedent for the dropping of the criminal case against Poghosyan.”
Poghosyan’s resignation comes on the heels of recent revelations that he owns shares in three companies registered in Panama.
Major General of Justice Mihran Poghosyan, Armenia’s Chief Compulsory Enforcement Officer, is one of the country’s officials who has sown deep roots in offshore economic zones.