Baku: During a hearing at the Baku Military Court on Thursday, Armenian defendant Arkady Ghukasyan admitted that Armenia’s illegal regime had formed a so-called ‘budget,’ APA reports. He revealed that the funds allocated by Armenia to the puppet regime were officially labeled as ‘loans,’ yet these ‘loans’ were interest-free and had no repayment terms.

According to Azeri-Press News Agency, Ghukasyan explained that these ‘interest-free loans’ had no expectation of repayment in the near future. He further detailed that customs-related matters involving ‘exported’ and ‘imported’ goods to Karabakh were managed in Armenia. The ‘interest-free credits’ included funds collected by the State Customs Service of Armenia from transactions involving ‘imports’ and ‘exports’ from Karabakh.

The defendant highlighted that revenue from the sale of ‘Karabakh products’ abroad through Armenia was significantly lower than the financial assistance Armenia provided to the illegal regime under the guise of ‘credit.’ Ghukasyan also expressed his lack of knowledge regarding which country was officially listed as the producer of these ‘Karabakh products’ exported abroad through Armenian customs.

Court proceedings are ongoing against Armenian citizens accused of committing crimes against peace and humanity, war crimes, including preparing and conducting a war of aggression, acts of genocide, violations of the laws and customs of warfare, as well as terrorism, financing of terrorism, forcible seizure of power, and numerous other offenses as a result of Armenia’s military aggression.