On May 4, 2023, the Armenian government) invested 1.5 billion (US$3.8 million today) in a company, whose director is a friend of the wife of Yerevan Mayor Tigran Avinyan.
Armenia’s Corruption Prevention Commission (CPC) has sent materials in the case of Yerevan Deputy Mayor Tigran Avinyan to the General Prosecutor's Office, after which criminal proceedings were initiated.
After being appointed Yerevan deputy mayor last September, Tigran Avinyan has remained as chairman of the board of the Armenian National Interest Fund (ANIF).
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