Authorities arrest billionaire Gagik Tsarukyan after raids on his businesses

Armenian authorities have arrested billionaire and Prosperous Armenia party leader Gagik Tsarukyan, after law enforcement forces conducted searches at his mansion outside Yerevan and at most of his businesses. He is accused of economic crimes, including fraud and money laundering, and is under a travel ban.

Armenian Prime Minister Nikol Pashinyan made his first visit to Russia after reelection amid increasingly contentious relations between Moscow and Yerevan.