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TWO WEEKS FOR PREPARATIONS

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Today the trial of former employees of Credit Service Bank was continued in the Court of First Instance of Kentron and Nork Marash communities. Artashes Davtyan, Boris Arakelyan, Vahagn Martirosyan, Svetlana Karamyan and some others are accused of misappropriation according to Article 179.3 of the RA Criminal Code. The Article provides for 4-9 years of imprisonment. Artashes Davtyan, for instance, is accused of appropriation of 121 million AMD.

To remind, the investigation started February 16, 2004. Artashes Davtyan and Vahagn Martirosyan have been arrested since April 1, 2003.

Today Artashes Davtyan refused to give testimony.

The nest sitting of the court will be held June 9 at 2 p.m.