Hayrapetian Faints in Detention Cell

Armenian businessman and philanthropist Levon Hayrapetian being escorted by a guard at a Moscow court


MOSCOW—Armenian businessman and philanthropist Levon Hayrapetyan, who was arrested in Moscow earlier this month, fainted in his detention cell on Wednesday morning, Artsakh Today reported. He was later revived.

His nephew, Gurgen Hayrapetian, said that Levon Hayrapetian is in too poor of a health condition to communicate with his lawyers. “It is inhumane to punish a man who is seriously ill. He is accused of an economic crime, but they treat him as though he killed someone and was caught in the act,” Gurgen Hayrapetian said, stressing that the detention should be transferred to house arrest as soon as possible.

Hayrapetian, 65, was arrested by Russian Federal Security Service officials on July 15. Last Thursday, a Moscow court allowed the businessman’s two-month imprisonment while investigators conduct a probe into his alleged criminal connections and involvement in some illegal financial dealings. He was officially charged on July 24 with money laundering and embezzlement and his shares in the Russian oil company Bashneft, said to be worth $8.5 million were frozen.

Hayrapetian is considered to be one of the wealthiest Armenians in the world. He is known to have invested millions of dollars into developing Nagorno-Karabakh’s infrastructure and renovating the area’s historical-cultural monuments. His charity included a mass wedding for hundreds of Karabakh couples in 2008 and sponsorship of the construction of a military college in Martakert.

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4 Comments

  1. Hratch said:

    Mother Russia will find a ‘solution’ to this issue very soon.

  2. hidi said:

    **** it is a sad day indeed.!!! he is an amazing Armenian nationalist hero, and has done wonders for Armenians., I have recently watched one of his interviews on YouTube., and was so moved by his philanthropist hart, to help our beautiful culture and cause, his brilliant comments were on the mark.
    There should be a wide spread protest and outrage about his detention., this is beyond ridicules and unfair., this is an Armenian tragedy.

  3. Andy said:

    Today (July 30th) you are publishing a story that says “Official charges against Hayrapetian are expected to be brought on July 24.” Was he charged or not?

  4. Armen said:

    ALL Armenians are indebted to the GREATEST ARMENIAN PATRIOT of all time, Levon Hayrapetian. We owe it to our ancestors to further the greatness he has provided for our people. We love you Levon Hayrapetian and know that the grace of God will always be with you.

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