Armenian businessman Ayrapetyan accused of wasting funds and

Vestnik Kavkaza, Russia
July 25 2014

Armenian businessman Ayrapetyan accused of wasting funds and laundering income

25 July 2014 – 1:45pm

Businessman Levon Ayrapetyan will be put on trial for wasting funds
and laundering criminal income when selling Bashneft in 2009. The
Russian Investigative Committee pressed charges against him at
Matrosskaya Tishina yesterday. Ayrapetyan was allegedly helping the
son of Bashkirian ex-President Ural Rakhimov in buying Sistema at a
low price, Kommersant reports. Ayrapetyan’s lawyer Samvel Karakhanyan
called the accusations unjustified. The businessman’s lawyers signed a
non-disclosure agreement. Ayrapetyan may get up to 2 years in jail for
wasting funds, a fine and up to 7 years in jail for legalizing
criminal income.

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