In connection with criminal proceedings the Investigative Committee of Armenia is investigating on cases of non-payment of taxes in particularly large amounts, on Tuesday simultaneous searches were conducted at 17 addresses of business entities' activities and residences, as a result of which documents and objects of importance for the criminal proceedings were found and seized, the Investigative Committee informed Armenian News-NEWS.am.

The addresses of the aforesaid business entities' activities have been sealed in accordance with the procedure established by the criminal procedure law—and for the purpose of carrying out evidentiary and procedural actions.

Based on the facts proving the committing of crimes, investigators of the Main Department for the Investigation of Economic Crimes and Smuggling of the Investigative Committee have submitted motions to the prosecutor to initiate public criminal prosecution against three directors and a former director, and the motions were granted.

The aforesaid persons have been detained, and motions will be filed with the court to remand them in custody.

The aforementioned economic entities have caused the state about 2,682,021,224 drams in damage, added the Investigative Committee of Armenia.