10:09, 31 July 2023
YEREVAN, JULY 31, ARMENPRESS. A Yerevan court has approved a customary 2-month remand term for Sergey Smbatyan, the Principal Conductor of the Armenian State Symphony Orchestra and his father Armen Smbatyan, a former Armenian ambassador to Russia and Israel, a day after the two men were arrested.
The prosecution said that the Smbatyans are suspected of large-scale real estate fraud which caused nearly 1 billion drams in damages to the state.
Authorities said that a third suspect is also in custody. The latter was identified as entrepreneur Arman Petrosyan.
Disclaimer: This article was contributed and translated into English by Antonian Lara. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2023/08/05/court-jails-sergey-and-armen-smbatyan-in-pre-trial-detention/