Hayastan fund’s ex-director to be set free on 10 million bail

YEREVAN, DECEMBER 4, ARMENPRESS. A Yerevan court has approved bail for Ara Vardanyan, the former director of the Hayastan All Armenian Fund who is jailed in pre trial detention on charges of misappropriation.

Vardanyan’s lawyer Yervand Varosyan told ARMENPRESS the court has set a 10 million dram as bail.

“He will be released today,” said Varosyan.

Edited and translated by Stepan Kocharyan