Armenia

Sarkisian Pardons Ex-Official Jailed for Corruption

YEREVAN )RFE/RL) — President Serzh Sarkisian has pardoned a former head of Armenia’s state pension fund who was arrested five years ago and subsequently sentenced to 12 years in prison for corruption.

Vazgen Khachikian, who was also a senior member of Sarkisian’s ruling Republican Party of Armenia (HHK), was set free on Thursday.

In late 2014, a court Yerevan found Khachikian and 11 other employees of the State Social Security Service (SSSS) guilty of embezzling 300 million drams ($620,000) in public funds allocated for the payment of various social benefits. Four of them were jailed for 4 to 5 years, while several others received suspended prison sentences.

Sarkisian’s press secretary, Vladimir Hakobian, refused to give the official reason for the pardon, saying that the relevant presidential decree will not be publicized. “The president is allowed [by the Armenian constitution] to grant pardons,” he told RFE/RL’s Armenian service (Azatutyun.am).

Khachikian and two of his former high-ranking subordinates were arrested in September 2012 in a nationwide criminal investigation into widespread corruption within the SSSS. The Armenian police launched the probe in 2011 shortly after the parliamentary Audit Chamber alleged that thousands of pensioners received, on paper, pensions years after their death. The chamber reported similar abuses in the payment of poverty and disability benefits.

Khachikian, denied the fraud and embezzlement charges throughout his trial that began in early 2013. His lawyer denounced the guilty verdict handed down by the court as “totally unfounded.”

MassisPost

Share
Published by
MassisPost

Recent Posts

Armenia-France Relations Have Reached an Unprecedented Level, Pashinyan Says

YEREVAN -- Prime Minister Nikol Pashinyan sent a congratulatory message to French President Emmanuel Macron…

16 hours ago

Armen Grigoryan Receives Delegation of EU’s New Partnership Mission in Armenia

YEREVAN -- Armen Grigoryan, secretary of Armenia’s Security Council, received a delegation from the European…

16 hours ago

Fitch Affirms Armenia’s ‘BB’ Credit Rating with Positive Outlook

YEREVAN -- International credit-rating agency Fitch Ratings has affirmed Armenia’s sovereign credit rating at “BB,”…

16 hours ago

Armenian Scientist Co-Authors Nature Study Confirming Einstein’s Theory With Record Precision

A groundbreaking study published in the latest issue of Nature has confirmed one of Albert Einstein’s key…

16 hours ago

Armenia Named Best International Destination for Business and Corporate Events at MICE Excellence 2026 Awards

YEREVAN -- Armenia has been named Best International Destination for Business and Corporate Events at…

16 hours ago

Global Armenian AI Girls Award Launches by FEMINNO

ARMENIA -- The Global Armenian AI Girls Award officially launches this July, inviting Armenian girls…

2 days ago