YEREVAN.- Publications on financial fraud and lawsuit simply coincided with the political activity of Vartan Oskanian. The checkups were done beforehand, Prosecutor General Aghvan Hovsepyan said in parliament on Monday.

As reported earlier, the Armenian National Assembly is discussing the formal petition of Prosecutor General Aghvan Hovsepyan to include Oskanian as a defendant in a criminal lawsuit.

Hovsepyan said at least $1.4 million was transferred to Oskanian’s account, while $1.2 million out of it was transferred on Oskanian’s behalf as a standard investment. The rest of the amount was transferred to other accounts and spent by Oskanian, he added. Therefore, the deals could not remain unnoticed by the National Security Service.

As Armenian News-NEWS.am informed earlier, on May 25 the NSS Department of Investigation filed a criminal lawsuit on charges of money laundering with respect to The Civilitas Foundation.

The NSS Press Center had informed that an investigation is underway in connection with selling the 100-percent shares of the Huntsman Building Products Company for around $2 million, but not informing Armenia’s tax authorities about this business deal; not using for charitable purposes $1,135,000 of that amount envisioned for charity; transferring this amount to the bank accounts opened under the names of the Civilitas Foundation’s founder—former FM and currently Prosperous Armenia Party MP—Vartan Oskanian,  and of the Foundation’s Board of Trustees member Tigran Karapetyan; and using some of this amount for private purposes.

In addition, as per the NSS Press Center, The Civilitas Foundation had not presented a report on the $2 million allocated for charitable purposes.