Inspections have been carried out at gas stations belonging to Multi Group, Factor.am reports. The State Revenue Committee (SRC) announced it has uncovered cases of tax violations, resulting in an estimated AMD 500 million loss to the state.
The SRC's Investigation and Operational Intelligence Department received information that a company operating gas stations in Kotayk Province and Yerevan had acquired and sold fuel without proper documentation, failed to provide cash register receipts, and did not reflect the transactions in tax records.
Operational-intelligence measures revealed that from 2023 to 2026, the company acquired and sold approximately AMD 1.6 billion worth of liquid fuel without proper documentation. The value of the sold gasoline was not entered into cash registers, and no cash register receipts were printed.
As a result, distorted data was submitted in calculations to the tax authority, leading to a particularly large-scale loss of approximately AMD 500 million to the state. A criminal proceeding has been initiated in connection with the case at the General Department for Investigation of Economic Crimes and Smuggling of the Investigative Committee of the Republic of Armenia.
Since the early morning of July 6, employees of the National Security Service (NSS), SRC, and Ministry of Internal Affairs (MIA) Police have conducted simultaneous searches at more than 70 addresses, including Gagik Tsarukyan's mansion and companies owned by him. Tsarukyan was arrested, and on July 7, the Court of General Jurisdiction of Avan and Nor Nork administrative districts ordered his two-month detention.
