Preliminary investigation of the criminal proceeding investigated with regard to evasion of taxes in particularly large amount committed by S.K., the owner of “Electric Networks of Armenia” CJSC, V.T. and A.Kh., who had managed the activity of the companies owned by the latter, fraudulently embezzling property in particularly large amount by using their official powers or the influence resulting from them, money laundering in particularly large amount, carrying out illegal activities through the use of a legal entity, as well as cases of public calls by S.K. to seize power, forcibly overthrow the constitutional order, was completed in General Department for Investigation of Economic Crimes and Smuggling of the RA Investigative Committee. 

In the course of the preliminary investigation it was found out that S.K., the owner of “Electric Networks of Armenia” CJSC, together with the actual beneficiaries of an LLC registered in the Republic of Armenia; namely K.D., Chairman of the Board of Directors of “Electric Networks of Armenia” CJSC, K.H., Director, and A.Kh., Director of the CJSC., organized and led tax evasion in particularly large amount, totaling 1 billion 841 million 330 thousand 78 AMD with prior agreement with V.T., Director of the company, as well as embezzling money in particularly large amount, totalling 4 billion 972 million 955 thousand 628 AMD through fraud, by involving authorized persons of the LLC-s, by organizing the use of the aforementioned companies to obtain material benefits and conceal illegal activities by the aforementioned persons during 2020-2023, then in the same way legalized the property of criminal origin in particularly large amount.  

Besides, S.K. with prior agreement with R.N. and V.V., directors of the CJSC having received state registration in the RA, by organizing the use of the aforementioned companies to obtain material benefit and conceal illegal activities, by using their official powers and the influence resulting from them, legalized particularly large amount of money - 1 billion 558 million 249 thousand 680 AMD and 438 million 81 thousand 491 AMD of criminal origin and not justified by legal activities.

In addition, on June 17, 2025 S.K. made public calls to seize power. 

Thus, public criminal prosecution was initiated against S.K. according to the Part 2 of the Article 38-205 of RA Criminal Code adopted on 18.04.2003, the Point 3 of the Part 3 of the Article 46-255, the Points 1, 2 and 3 of the Part 2 of the Article 46-285 (2 counts), the Points 2 and 3 of the Part 3 of the Article 296 (2 counts), and the Part 2 of the Article 422 of RA Criminal Code. 

Public criminal prosecution was initiated against A.Kh. according to the Part 2 of the Article 38-205 of RA Criminal Code adopted on 18.04.2003, the Point 3 of the Part 3 of the Article 255, the Points 1, 2 and 3 of the Part 2 of the Article 285, and the Points 2 and 3 of the Part 3 of the Article 296 of RA Criminal Code. 

Public criminal prosecution was initiated against V.T. according to the Part 2 of the Article 205 of RA Criminal Code adopted on 18.04.2003, the Point 3 of the Part 3 of the Article 255, the Points 1, 2 and 3 of the Part 2 of the Article 285, and the Points 2 and 3 of the Part 3 of the Article 296 of RA Criminal Code. 

Home detention, bail and absence ban was applied as a pretrial measure against S.K., absence ban, bail and administrative control - against A.Kh. and V.T..