MOSCOW—Russian-Armenian businessman and philanthropist Levon Hayrapetian, who is under detention in Moscow, was transferred back to detention facility after a one-day visit to a civic hospital for medical examination, Armenian News (News.am) reports.
The Russian-Armenian businessman was transferred to a civic hospital on Monday evening.
Hayrapetian, 65, was arrested by Russian Federal Security Service officials on July 15. 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.