A travel ban has been imposed on third president of Armenia Serzh Sargsyan, who is included in the criminal proceedings on large-scale money laundering, abuse of official power, and large-scale bribery. Armenian News-NEWS.am was informed about this by the Anti-Corruption Committee of Armenia.

Earlier, we reported that four of the six persons who were detained Tuesday along the lines of the aforesaid criminal proceedings have been remanded in custody, including Sedrak Kocharyan, son of second president of Armenia Robert Kocharyan. Also, another of the accused has been placed under house arrest.

Earlier, Armenian News-NEWS.am reported that on Tuesday at around 7am, law enforcement officers raided the house of opposition MP Levon Kocharyan, while his father, second President of Armenia Robert Kocharyan, was taken by investigative bodies to the Anti-Corruption Committee. Later, it became known that Robert Kocharyan and his eldest son, Sedrak Kocharyan, were detained.

In addition, also early Tuesday morning, tax authorities of Armenia sealed the Yerevan office of Toyota.

Furthermore, investigative and procedural actions were carried out at Orange Fitness club, Play City entertainment center, and in the directors' homes within the framework of criminal proceedings. The Kocharyan family has shares in these companies.

Armenian Prime Minister Nikol Pashinyan on Monday had instructed the law enforcement to deprive second President Robert Kocharyan and third President Serzh Sargsyan of their property.

The Prosecutor General's Office on Tuesday issued a statement, which, in particular, noted that on Monday, the prosecutor initiated public criminal prosecution against the second President of Armenia, Robert Kocharyan, for abuse of official power, receiving a bribe in a particularly large amount, and laundering money in a particularly large amount.

The prosecutor has initiated public criminal prosecution against nine more individuals, including Sedrak Kocharyan, the son of Armenia’s second president, former defense minister Serzh Sargsyan, former prime minister, the late Andranik Margaryan, former mayor of Yerevan Gagik Beglaryan, Samvel Mayrapetyan, a partner in Local Developers LLC, as well as Aramayis Vorskanyan, the head of construction company Aygedzor LLC, his wife, and two daughters.