The extradition order for Sukiasian is being examined by the Georgian Prosecutor General.
Sukiasian was charged by the Armenian police last June with three counts of fraud stemming from allegations made by another entrepreneur, Paylak Hayrapetian. The latter claims that the suspect misappropriated most of a $10.7 million loan which he borrowed from an Armenian commercial bank to finance a business project in Africa proposed by Sukiasian.
Hetq.am, an Armenian investigative publication, discovered earlier in 2013 that the embezzled sum was transferred to the offshore bank account of a Cyprus-registered company, Wilspera Holdings. It disclosed a document purportedly certifying that Wilspera is co-owned by Sukiasian, Prime Minister Sarkisian and Archbishop Navasard Kchoyan, head of the largest diocese of the Armenian Apostolic Church.
