Serzh Sarkisian’s Brother Suspected of ‘Illegal Enrichment’

Former President Serzh Sarkisian awarding a medal to his brother, Levon Sarkisian, on March 22, 2016. (Source:
Former President Serzh Sarkisian awarding a medal to his brother, Levon Sarkisian, on March 22, 2016. (Source:

Former President Serzh Sarkisian awarding a medal to his brother, Levon Sarkisian, on March 22, 2016. (Source:

YEREVAN (—The brother of former President Serzh Sarkisian and his two children could face prosecution on corruption charges after law-enforcement authorities discovered nearly $7 million held by them in an Armenian bank.

The State Revenue Committee (SRC) launched criminal proceedings against them on Friday shortly after announcing that a company linked to Levon Sarkisian has been fined 800 million drams ($1.7 million) for tax evasion.

The SRC said that, while searching Sarkisian’s home, its investigators found documents showing that he, his son, Narek, and daughter, Ani, deposited a total of $6.8 million in the unnamed bank in the second half of 2017. It said that the ex-president’s youngest brother and Ani Sarkisian failed to disclose these sums to a state anti-corruption body while Narek Sarkisian did not file any income declarations at all.

Under Armenian law, such declarations are mandatory for high-ranking state officials and their family members. This legal requirement applies to Levon Sarkisian because he has long worked as ambassador-at-large at the Armenian Foreign Ministry.

The Special Investigative Service (SIS), which took over the corruption inquiry launched by the SRC, said on Monday that Sarkisian and his children are now suspected of “illegal enrichment.” Levon and Ani Sarkisian could also be accused of underreporting their incomes and assets, which is also a criminal offense in Armenia.

None of the suspects have formally been charged so far. An SIS spokesperson that they all have signed written pledges not to leave the country until the inquiry is over.
However, an aide to Levon Sarkisian said that he has not been in Armenia for the last twelve days.

Last Wednesday, the SIS filed the same criminal charges against Vachagan Ghazaryan, Serzh Sarkisian’s longtime chief bodyguard who was arrested a week ago. Ghazaryan carried over $1 million worth of cash in a bag during the arrest. Police found another $1.1 million as well as 230,000 euros ($267,000) in cash when they searched his apartment earlier in June.

The National Security Service (NSS), another law-enforcement body, said last week that Ghazaryan was also planning to withdraw 1.5 billion drams ($3.1 million) held by him and his wife in a local bank. He claimed that he “forgot” to add these sums to his official income declarations, according to the NSS.

Former President Sarkisian has not yet commented on the corruption cases against his relatives and Ghazaryan, one of his most trusted individuals.

Armenia’s new government has been instrumental in these and other high-profile corruption probes. Prime Minister Nikol Pashinyan has repeatedly pledged to “root out” endemic corruption in the country since he swept to power about two months ago.


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  1. State of Emergency said:

    What about the white haired guy on the right, is he a poor pauper living hand to mouth?

  2. Aram Stepanian said:

    Honestly, are we trying to save a face in front of the international community by looking the other way for the real culprit !!!! Transparency in government is an essential ingredient for the progress of any society. It is the people who make up the society, not the government.

  3. Hagop said:


    These two BOOBS need to serve time in PRISON and their assets CONFISCATED, SOLD AND ALL PROCEEDS SPENT ON INFRASTRUCTURE ::: paving more roads in village areas, rebuilding homes in villages, installing solar/water/internet in village areas. ENOUGH SPENDING IN YEREVAN!!! ARMENIAN BORDER TOWNS VILLAGES AND FARMERS NEED HELP!!!!!!

  4. danoog said:

    More scum. String him up then let the Azeris use his body for target practice in NK.

  5. Վազգէն Մաւլեան said:

    Առակը կըսէ Ձուկը գլուխեն կը հոտի, եկէք հայաստանի այս հանգրուանը կոչենք «Իշխանաձուկ»ի շրջան:

  6. Raffi said:

    For the sake of peace, Armenia should go soft on these issues and should not go extreme to breaking point.