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.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

EU President Calls on Armenia to Continue Strengthening Democratic Institutions

YEREVAN — The Armenian government is “on the right track” in carrying…

MY STEP Foundation Awards Scholarships to Armenian Students Attending World’s Top Universities

YEREVAN — On September 8, Oshakan Culture House hosted the ceremony of…

Turkey Starts Mine-Clearing Near Mount Ararat

ISTANBUL — Efforts to clear mines have been launched on Mount Ararat…

Artsakh Resident Throws Explosives at Azeri Checkpoint Near Shushi

STEPANAKERT — A Russian-controlled corridor linking Armenia with Nagorno-Karabakh was temporarily closed…