The detention of businessman and statesman Ruben Vardanyan was extended for four months. In Russia, he is best known as a major venture capitalist and serial entrepreneur. Vardanyan was detained in late September 2023 as he was leaving Nagorno-Karabakh; He then had the status of former head of government of the unrecognized republic.

The detention of businessman and statesman Ruben Vardanyan was extended for four months

An Azerbaijan court extended Ruben Vardanyan’s arrest by four months, APA reported.

Vardanyan was detained at the end of September 2023 while leaving Nagorno-Karabakh. At the time of his arrest, he had the status of former head of government of an unrecognized republic. Vardanyan led the Nagorno-Karabakh government from November 2022 to February 2023.

In September 2022, Vardanyan announced his renunciation of Russian citizenship and his transfer to Nagorno-Karabakh. It was reported that Vardanyan would transfer his assets in Russia to a family foundation managed by partners.

In 2021, Ruben Vardanyan’s fortune was estimated at $1 billion.

Author:

Kirill Bilyk

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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