Edmon Khudoyan: Armenian authorities will shortly set free swindler Vladislav Mangasaryan

• Monday, January 21, 15:15

The Armenian authorities will shortly set free swindler Vladislav Mangasaryan, Edmon Khudoyan, a Diaspora businessman reportedly driven to bankruptcy by Mangasaryan, told journalists on Monday.

On Jan 17 the police detained Mangasaryan and he is in Nubarashen jail now.

"I am sure that our prosecutor's office and police allowed him to steal all he could steal and now his patrons will do their best to have him released as soon as possible," Khudoyan said, adding that he had to be detained two years rather than two days ago.

To note, the American-based Armenian businessman Edmon Khudoyan has accused the head of "VMG Group" CJSC Vladislav Mangasaryan for being a member of the criminal group that embezzled $8.5 million equivalent real estate property and $1.5 million equivalent sums from his "Arin Capital" investment company he established in Armenia. He said that the criminal group is under the patronage of the Armenian president's brother, Levon Sargsyan. However, when talking to ArmInfo correspondent, Levon Sargsyan disproved these accusations calling them false. "I have nothing in common with the deeds which Khudoyan has been trying to blame me for. Today any man may accuse another one without proof," Sargsyan said. When commenting on Khudoyan's initiative to appeal to the European Court for Human Rights, Sargsyan said that is his own right and he can do what he wants. Earlier Mangaseryan said at a press-conference that he is an honest man and has nothing in common with any criminal groups.