Tax Evasion Charge Dropped Against Tsarukian

July 21, 2026
Armenia – Gagik Tsarukian is brought to the Investigative Committee for questioning, July 21, 2026.

Prosecutors have dropped one of the criminal charges brought against jailed businessman Gagik Tsarukian following last month’s disputed parliamentary elections in which his Prosperous Armenia Party (BHK) was one of the main opposition contenders.

Tsarukian was charged with “large-scale” tax evasion and barred from leaving Armenia two days after the June 7 polls. Amid Prime Minister Nikol Pashinian’s continuing pledges to jail and “dispossess” his main political foes, the Investigative Committee indicted him without the Central Election Commission’s permission required by Armenian law.

The law-enforcement agency never shed light on the accusation. One of Tsarukian’s lawyers, Yerem Sargsian, told reporters on Tuesday it has been dropped “on the grounds of being illegal.”

The Investigative Committee filed fraud charges Tsarukian after searching his home and the offices of dozens of his companies and arresting him on July 6. The tycoon strongly denies the “fabricated” charges stemming from a financial dispute with his Iranian business partners. Sargsian again asserted that his client himself was defrauded by them.

On Tuesday, a handcuffed Tsarukian was taken to a committee building in Yerevan for what the lawyer described as an “additional interrogation.” Scores of his supporters greeted him outside the building with applause and “Tsarukian!” chants. The interrogation lasted for several hours and was still not over as of 7 p.m. local time.

The crowd included Suren Sureniants, a veteran politician allied to Tsarukian. Sureniants insisted that the BHK leader will not leave politics despite being deprived of liberty and risking losing his business assets worth hundreds of millions of dollars.

“His mood is combative and such a scenario is out of question,” Sureniants told reporters.

Meanwhile, virtually all of the companies making up Tsarukian’s Multi Group raided on July 6 remain effectively closed. The authorities have accused some of them of tax evasion but have still not clearly explained the closure of the others.

The Armenian government officially seized two of those companies, a cement plant and a large fitness center in Yerevan, last week. Tsarukian’s legal team, the BHK and other opposition groups denounced the move as illegal.



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RFE/RL – Another Armenian Opposition Leader Faces Arrest

July 21, 2026
Armenia – Narek Karapetian presents the economic platform of the opposition Mer Dzevov movement, Yerevan, January 20, 2026.

Law-enforcement authorities have moved to arrest another senior member of billionaire Samvel Karapetian’s Strong Armenia alliance in a continuing post-election crackdown on the Armenian opposition which critics say was ordered by Prime Minister Nikol Pashinian.

The Central Election Commission (CEC) began considering prosecutors’ request to allow the arrest of Karapetian’s nephew and right-hand man Narek on Tuesday right after granting the latter and other members of Armenia’s newly elected National Assembly the status of parliament deputies. The CEC is due to announce its decision on Wednesday.

Strong Armenia finished second in the June 7 parliamentary elections, according to their official results rejected by it and other opposition groups as fraudulent. Despite the fraud allegations, Karapetian’s bloc and former President Robert Kocharian’s Hayastan alliance decided to take up their seats in the 105-member parliament that will continue to be controlled by the ruling Civil Contract party. Narek Karapetian was widely expected to lead Strong Armenia’s 29-strong parliamentary group.

Vahagn Hovakimian, a longtime Pashinian collaborator heading the CEC, insisted that the new deputies will not enjoy legal immunity from prosecution until the first session of the parliament slated for August 2. The commission will therefore retain its exclusive authority to allow their prosecution until then, he said.

Aram Vartevanian, a lawyer and senior Strong Armenia figure, brushed aside the claim. He argued that in late 2021 the country’s Constitutional Court ruled that the status of parliament deputy immediately qualifies its holder for the immunity that can only be lifted by the parliament. The ruling led to the release of three opposition lawmakers who were arrested prior to the inaugural session of the former National Assembly elected earlier in 2021.

According to Vartevanian, the arrest warrant sought for Narek Karapetian is part of a criminal case against Aleksan Aleksanian, another prominent member of Samvel Karapetian’s political team who was arrested ahead of the elections.

Law-enforcement authorities say since last September Aleksanian has hired some 1,400 people to work for a non-governmental organization that formed the backbone of Strong Armenia. They claim that they were paid to attend the bloc’s rallies under the guise of their wages. Both Aleksanian and Strong Armenia reject the accusations as politically motivated.

Hundreds of other opposition members and supporters have been detained on similar charges in recent months. According to Armenia’s Anti-Corruption Committee, 52 of them remain in custody and 48 others under house arrest. Most of the suspects are affiliated or linked with Strong Armenia. Several other jailed opposition politicians are facing different charges also denied by them.

Pashinian publicly vowed to “crush” Samvel Karapetian, Kocharian and another opposition leader, Gagik Tsarukian, on June 17. Tsarukian was arrested on July 6.



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Champions League: Ararat-Armenia beat Shamrock Rovers

News.am, Armenia
July 21 2026

Armenian football champions Ararat-Armenia faced the Irish side Shamrock Rovers in the first leg of the Champions League second qualifying round.

In the match held at the Vazgen Sargsyan Republican Stadium in Yerevan, the team led by Portuguese head coach Manuel Tulipa won 2–0.

In the 51st minute, 35-year-old Brazilian forward Sandro Lima scored for Ararat-Armenia (video).

Kamo Hovhannisyan, a defender for both the Armenian national team and Ararat-Armenia, sustained an injury in the 75th minute. He was carried off the pitch on a stretcher.

In the 81st minute, 27-year-old midfielder Zidan Banjakini, representing Guinea-Bissau, doubled the Yerevan team’s lead (video). He received the assist from 31-year-old Brazilian forward Carlos Franca.

The return leg will take place on July 28 in Dublin, the capital of Ireland.

The winner of this tie will face the winner of the matchup between Albania’s Egnatia and Slovenia’s Celje in the next round.

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Shamrock Rovers suffer Champions League defeat in Armenia

The 42, Ireland
July 21 2026
The Hoops face an uphill task ahead of next week’s second leg in Tallaght.

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Archaeologists Uncover Monumental Bronze Age Tomb with Weapons and a Sacrifice

July 21 2026


 Archaeologists excavating a monumental Late Bronze Age tomb in western Armenia have uncovered bronze weapons, obsidian arrowheads and the remains of a  horse sacrificed during an ancient funerary ceremony.

The burial, known as Tomb No. 3, lies within the sprawling  archaeological site of Shamiram in Armenia’s Aragatsotn Province. Surrounded by concentric stone circles and built around a central stone chamber, the tomb offers new evidence of the wealth, rituals and social hierarchy of communities that lived in the Armenian Highlands more than 3,000 years ago. 

Funeral& Bereavement

The discovery was among the most important results of the 2026 excavation season conducted by a joint Armenian-Italian archaeological mission. The fieldwork ran from May 26 to June 25 and examined several sections of Shamiram’s fortified settlement, burial grounds and monumental defensive systems.

Weapons and a horse inside a monumental burial

Tomb No. 3 dates to the Late Bronze Age, broadly between 1600 and 1200 BCE. Its design includes several concentric stone enclosures surrounding a central burial chamber, a form of monumental construction that would have required considerable labor and organization. 

Religion& Belief

Inside, archaeologists documented rich grave goods including bronze weapons and arrowheads made from both metal and obsidian. The materials suggest that the people buried there were connected with warfare, hunting or displays of authority, although further study will be needed to determine the precise function of each object.

The burial also contained the remains of a horse believed to have been ritually sacrificed as part of the funerary ceremony. According to Armenia’s Institute of Archaeology and Ethnography, the combination of weapons, monumental architecture and animal sacrifice provides valuable evidence for studying local elites and the symbolic importance of horses in Late Bronze Age Armenia. 

Horses carried practical and social importance across many Bronze Age societies. They could serve as animals of transport, sources of military prestige, and symbols of status. Sacrificing such an animal during a burial would therefore have represented a costly and highly visible act, possibly intended to emphasize the identity or rank of the deceased.

Researchers have not yet released detailed anthropological findings about the person or people placed inside the tomb. Analysis of the human remains and grave goods is expected to help clarify the burial’s chronology and the social position of its occupants. 

GeographicReference

Importantly, Tomb No. 3 was not first discovered during the 2026 season. The official Armenian announcement describes this year’s work as the continued excavation of the burial, meaning that the latest campaign expanded earlier investigations rather than revealing an entirely unknown tomb.

Credit: Institute of Archaeology and Ethnography of Armenia’s National Academy of Sciences via FacebookShamiram before the rise of Urartu

The excavations also produced evidence from the centuries before Shamiram became part of the Urartian political world. 

Archaeology

Behind one of the towers belonging to the later Urartian fortress, archaeologists found a Middle Iron Age room with distinct traces of fire and destruction. Beneath or associated with this level was an older burial that predates the construction of the Urartian defensive system.

This sequence may allow researchers to reconstruct how a local Iron Age settlement changed before and during the expansion of Urartu, also known as the Kingdom of Van. From approximately the ninth to the sixth centuries BCE, Urartian rulers controlled large parts of the Armenian Highlands and built major fortresses, administrative centers and irrigation systems. 

Anthropology

Because the Shamiram layers preserve both pre-Urartian activity and later monumental construction, the site can provide evidence of whether the settlement was destroyed, reorganized or incorporated gradually into the expanding kingdom.

Urartian towers and a rebuilt gateway

Work continued across Shamiram’s fortified areas. At the structure known as Wall 2, archaeologists concluded that the L-shaped entrance visible today was probably reconstructed during the Hellenistic period over an earlier Iron Age gateway. 

Science

Excavations and cleaning at Tower 3 exposed a well-preserved Urartian megalithic structure measuring approximately 8.5 by 8.5 meters. Its scale supports the interpretation of Shamiram as an important fortified center rather than a small rural settlement.

Elsewhere, researchers uncovered column bases, structures built beside older Urartian towers, and well-preserved medieval buildings. These later additions show how Shamiram’s ancient walls continued to influence the settlement’s layout long after the fortifications had lost their original military purpose. 

History
Credit: Institute of Archaeology and Ethnography of Armenia’s National Academy of Sciences via Facebook

A settlement occupied for more than 3,000 years

Shamiram occupies a broad fortified rocky plateau and contains defensive walls, habitation areas and extensive burial complexes.  Archaeological evidence indicates that the site was repeatedly occupied from the Late Bronze and Iron Ages through the Urartian, post-Urartian, Hellenistic, Late Antique, medieval and post-medieval periods. 

Funeral& Bereavement

The excavations are directed by Varduhi Melikyan for Armenia and Roberto Dan for Italy. The project is a collaboration between the Institute of  Archaeology and Ethnography of Armenia’s National Academy of  Sciences and ISMEO, the International Association for Mediterranean and Oriental Studies. ISMEO also organized an archaeological workshop at Shamiram during the closing days of the 2026 field season.

Further archaeological, anthropological and scientific analysis will now examine the human and animal remains, weapons and other materials recovered from the site. The results may reveal who was buried in Tomb No. 3—and why a valuable horse was killed and placed beside them more than three millennia ago.

Institute of Archaeology and Ethnography of Armenia’s National Academy of Sciences

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2,700-Year-Old Irrigation System Studied in Armenia

Archeology Magazine
July 20 2026

2,700-Year-Old Irrigation System Studied in Armenia

YEREVAN, ARMENIA—More than 600 miles of water-management features have been identified in Armenia at the site of the Urartian city of Argishtikhinili using satellite imagery and digital terrain models, according to a Science in Poland report. Nazarij Buławka and Krzysztof Jakubiak of the University of Warsaw and Inessa Karapetyan of the National Academy of Sciences of the Republic of Armenia determined that the construction of the irrigation system some 2,700 years ago had made farming possible in the dry Ararat Basin. Inscriptions on steles from the Kingdom of Urartu document five main canals that supplied water to the city of Argishtikhinili, and the surrounding fields, orchards, and vineyards, to support the Urartian state. The system would have been engineered and built to control the flow of water over long distances without pumps. “Knowledge of artificial irrigation and the benefits it brings were not surprising when it comes to the Urartians,” Jukubiak said. All of the canals spotted during the study may not have been built by the Urartians, however, he added. “Dating irrigation canals is extremely difficult due to their constant silting during use,” Jakubiak explained. “To attempt to date the canals’ formation, it is necessary to drill holes and collect samples from the canal bottom, hoping that the sediments will contain organic remains that can be subjected to radiocarbon dating,” he concluded. Read the original scholarly article about this research in Antiquity. For more on Urartu, go to “The Price of Plunder.”

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Hamé by la Concorde: Taste of Armenian Marseille

July 21, 2026

Hamé by la Concorde: Taste of Armenian Marseille

By Alexis Steinman

Street scenes are one of the best parts about dining in France. At Marseille’s Hamé by la Concorde, outdoor dining is almost something participatory. Our table is so close to passing scooters we can high-five them. The small cobblestone street is lined with the picturesque mix for which the Le Panier neighborhood is known – pastel facades, potted plants, and street art – hence the slew of selfies snapped before our eyes.

 
Every dish we order is equally colorful – ruby pomegranate seeds, emerald peas, and melon that evoke Marseille sunsets – and throughout our lunch, locals and tourists pause in front of our plates like hungry window shoppers, curious to know more. Like PR agents, we tout the food and the restaurant’s singularity as the only gastronomic Armenian spot in town – surprising for a community that makes up 10% of the city’s population.

 
Owner Astghik Sargsyan opened Hamé by la Concorde as a gateway to Armenian cuisine where Armenian standards are reinterpreted with contemporary flair.A place to discover dishes you would eat in an Armenian’s home – if they happened to be professional chefs. Astghik never expected to be one. Her passion became her profession after arriving in Marseille as a political refugee with her son a decade ago, following in the footsteps of the tens of thousands of Armenians who first came to the city to escape the 1915 genocide carried out by the Ottoman Empire. After private cheffing and winning a competition to open a food hall stand, Astghik embarked on a loftier adventure: a modern Armenian restaurant.

Her young son, Davit, plays an integral part – so much so that Astghik calls him “the boss.”  The menu is a collaboration between the two of them, using family recipes as a launchpad for new flavors. Astghik’s dad inspired the caramelized pork khorovats, Armenian kebabs, so succulent we want to suck the pieces straight from the skewer. Kufta, tender beef and bulgur balls, are paired with a riot of textures: crispy angel hair filo, creamy matsoun, fermented milk, and crunchy peas. We soak up every flavor with lavash from Hatsatoun, the Armenian boulangerie that clued us in to Hamé by la Concorde.

 
“Armenia is a paradise for veggies,” the soft-spoken Astghik smiles. She harnesses her homeland’s bounty using local Provence produce. The gazpacho topped with a transcendent scoop of whipped goat cheese is as refreshing as a dip in the nearby Mediterranean. On one visit, the chilled tomato soup is sprinkled with crispy lomo. On another, it bathes an olive tapenade-and-eggplant millefeuille, “both delicious ways to add salt,” says Davit.

 
Beauty is also an essential ingredient that Astghik honed during her stint alongside one of our favorite Marseille chefs, Paul Langlère. Her artistic plates, served by her equally aimable sister, Gayné, elicit oohs and aahs from diners in the 18-seat dining room.  The familial trio moves through the small restaurant with the easygoing choreography of having known each other for decades.  

 
La Concorde’s name is a nod to this harmony, concordance, as well as France’s supersonic plane (Davit studies aeronautics and works there when not in school.) Hamé is a spin on hamegh, Armenian for delicious, and hamestek, “welcome, please come in.”  The inverse is true, for we’re equally happy to have them in Marseille. A way to dig deeper into the cuisine of a community that has shaped the city for centuries.

By Alexis Steinman Photos by Annie Etheridge


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Chair of ‘Trump Route’ fund buys Armenia’s second-largest copper mine

July 21, 2026

This article is part of a partnership with OC Media. You can read the original in English here.

An American company led by Russian-American investor Konstantin Sokolov has acquired the Teghut copper-molybdenum mine in Armenia. Sokolov was recently appointed by the US State Department to “oversee” a fund for the implementation and development of the “Trump Route” project.

Documents from the Armenian online registry of legal entities, according to the European bureau of RFE/RL, show that Dynamic Frontier Holdings has become the new shareholder of Cuprum RA, the company developing the Teghut mine.

The company was registered in Texas in August 2025 and has no registration in Armenia. Texas tax registry documents obtained by RFE/RL indicate that the head of the company is Sokolov, who is registered in Florida.

RFE/RL previously reported that Sokolov was in talks to acquire a stake of just under 50% in one of Armenia’s largest mines, purchasing shares from the sanctioned Russian state-owned VTB Bank.

Konstantin Sokolov, who lives in Chicago, also owns a controlling stake in Armenia’s largest telecom operator, Viva-MTS.

Sokolov is known for a series of acquisitions and investments in Armenia. In January 2024, his company Fedilco Group (together with Chinese investor Zhe Zhang) bought controlling stakes in the country’s largest telecom operator, Viva-MTS. Cyprus-registered Fedilco Group also holds stakes in other telecommunications companies in Armenia.

Following the acquisition of Viva-MTS in 2024, the Armenian government later that year received a 20% stake in the company through an opaque deal, the details of which remain unclear. The company stated that it transferred these shares to the state as a donation.

Shortly after the deal, the Armenian investigative outlet Hetq reported that questions existed regarding Sokolov’s actual role in Viva-MTS, and that other individuals might be more involved in managing the company.

More recently, on 14 July, The Guardian reported that Sokolov had been appointed chairman of the TRIPP+ investment fund, which is set to “oversee” more than $200 million allocated for the landmark Trump Route project. This route is intended to connect Azerbaijan with its exclave of Nakhchivan through Armenian territory.

The Trump Route (Trump Route for International Peace and Prosperity, TRIPP) is a central part of the new US engagement in the South Caucasus. It is a key outcome of the 2025 meeting in Washington between Donald Trump, Armenian Prime Minister Nikol Pashinyan, and Azerbaijani President Ilham Aliyev. The historic talks led to the initialing (but not signing) of a peace treaty between Armenia and Azerbaijan, as well as laying the groundwork for the Trump Route project.

Sokolov arrived in the US in 1997 at the age of 21. He has a long history of philanthropy and political donations, primarily to the Republican Party.

His largest donation was $100 million to the University of Chicago in 2025 to support the Booth School of Business, from which he graduated in 2005.

In addition, Sokolov has supported various Republican initiatives and candidates, including $11 million to a Trump super PAC during his second term and an undisclosed sum to the “White House Ballroom” project.

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Former Armenian President Sargsyan investigated for abuse of power

OC Media
July 21 2026

Armenian authorities have launched an investigation into former President Serzh Sargsyan on suspicion of abuse of power. The case concerns the sale of the historical landmark the Black Fortress in Armenia’s second-largest city of Gyumri while Sargsyan was serving as defence minister in the early 2000s.

If charged and convicted, Sargsyan could face up to eight years in prison.

According to Armenia’s Investigative Committee, it has obtained prima facie evidence that in May 2005, Sargsyan authorised the direct sale of the Black Fortress — a 626.45-square-metre immovable monument of history and culture of national significance — together with a 0.7-hectare land plot, to a private individual for ֏23 million (around $63,000).

Investigators allege the transaction was carried out without a government decision authorising the sale. As a result, the state lost ownership of the nationally significant cultural monument, which was subsequently omitted from a 2007 government list of state-owned historical and cultural monuments protected from privatisation.

According to the committee, the fortress and the adjacent land were later sold to the family of former Gyumri Mayor Samvel Balasanyan.

It is not the first criminal case which Sargsyan could face since being ousted from power during the 2018 Velvet Revolution.

Sargsyan served as Armenia’s president from 2008 to 2018 before briefly becoming prime minister. His rule was marked by persistent allegations of corruption, which became one of the main drivers of the 2018 Velvet Revolution that brought his tenure to an end.

Power of the people: what made Armenia’s Velvet Revolution successful?

Most recently, in July 2025, he was charged with bribery and illegal entrepreneurship in connection with activities allegedly carried out between 2006 and 2015 while serving as defence minister, prime minister, and president.

A few months earlier, prosecutors accused him of using his official position to facilitate the sale of all shares in an unnamed company to a foreign firm registered in Armenia. The alleged bribes were said to have been transferred in February and April 2008 with the assistance of Sargsyan’s then-senior aide.

In March 2025, Sargsyan had also been charged in a separate case involving the alleged unlawful sale of land adjacent to Isakov Avenue and the Yerablur Military Pantheon in Yerevan at prices below market value. The charges reportedly include 18 counts of large-scale theft, two counts of abuse of power, three counts of aiding money laundering, and money laundering. He was also banned from leaving the country.

In April 2025, Armenia’s Anti-Corruption Court of Appeals overturned Sargsyan’s 2024 acquittal in a separate embezzlement case of more than ֏490 million ($1.2 million) in state funds through a 2013 agricultural assistance programme intended to provide subsidised fuel to farmers and ordered a retrial.

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About 15 thousand tons of fish are under threat: Armenian fish farmers demand

ARKA, Armenia
July 21, 2026
21.07.2026, 12:55

Armenian fish farmers held a protest rally outside the government building in Yerevan on Tuesday, declaring problems with the sale (export) of about 15 thousand tons of live fish.
YEREVAN, July 21. /ARKA/. Armenian fish farmers held a protest rally outside the government building in Yerevan on Tuesday, declaring problems with the sale (export) of about 15 thousand tons of live fish.

They are demanding a meeting with the Deputy Prime Minister to present their demands and receive comprehensive answers to determine further actions.

They stated that they did not want to meet again with representatives of the Ministry of Economy, since a meeting with Minister Gevorg Papoyan had already taken place, but the issues raised were not resolved within a month.

“At the meeting with the Deputy Prime Minister, we expect to discuss government support programs. The government has already implemented two programs, which, in our assessment, are unrealistic and will not lead to a positive result for the industry,” said the protesters.

Among the unresolved issues, they named the approval of regulations related to the export of fish to the European Union, as well as the provision of subsidies for exports.

According to protesters, the European market remains inaccessible to Armenian fish farmers.

“It is currently unrealistic to sell the volumes of products available to business entities, in particular about 15 thousand tons of live fish, as well as products stored in refrigerators and returned en route to Russia,” said the participants of the action.

According to them, the export of fish products to Russia has been closed since May 15. Fish farmers noted that they support entering the European market, but maintaining live fish requires constant costs.

The protesters also said that Armenian Minister of Economy Gevorg Papoyan promised to implement a program related to the cost of maintaining fish, but the corresponding project has not yet been presented.

About fish farming support programs

It was previously reported that the volume of government-subsidized supplies of fish products to the European Union will amount to 140 tons per year. The support amount is provided at 820 drams per kilogram of trout and 1350 drams per kilogram of sterlet.

On July 16, the Armenian government approved the procedure for registering companies in the EU trade control and expert support system, terminating registration, as well as issuing veterinary and sanitary certificates for the export of fish and fishery products from Armenia to EU countries.

Armenian Minister of Economy Gevorg Papoyan stated that the country has received official permission from the European Commission to export frozen and processed fish produced in Armenia, as well as other fish products. According to him, five Armenian companies have expressed interest in supplies to the EU market and are awaiting completion of the necessary procedures.

Over 80% of exports of fish and fishery products from Armenia have been sent to Russia for more than 20 years. Since mid-May, supplies of Armenian fish products to the Russian Federation have been suspended.

About assistance to exporters

Against the backdrop of restrictions, the Armenian government has expanded support for exporters in alternative markets, providing for compensation of part of transport costs and customs duties for deliveries to the EU, UK and Canada.

On July 2, the government extended the state export support program until July 2026, including fish, fresh and dried fruits and vegetables, as well as selected food and beverages in the list of subsidized products.

#ECONOMY

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