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Director of the Ararat Brandy, Wine, and Vodka Factory Arrested

News | 2026/07/25 15:02

Director of the Ararat Brandy, Wine, and Vodka Factory Arrested

Arman Davtyan is accused of tax evasion

The director of the Ararat Brandy, Wine, and Vodka Factory in Yerevan, Arman Davtyan, has been arrested. He is accused of tax evasion in particularly large amounts, and he will be presented in court, according to the Investigative Committee.

No further details have been provided.

Gagik Tsarukyan is accused of committing fraud in particularly large amounts and money laundering.

Alongside the arrest, Tsarukyan's enterprises are closed, and inspections and inventories are being conducted.

The seal on the Ararat Brandy Factory was removed last week; according to a factory representative, the tax authorities are conducting inspections inside.

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