The RA Customs Agency has slapped a ban on all Tsar brand items imported by the Hartounian family’s GH Storage Enterprises company.
This is the latest development in the tax evasion case pitting the diaspora Armenian Hartounian’s and Armenia’s State Revenue Committee.
The Hartounian’s argue that the move is a violation of their constitutional rights to operate a business.
Despite the fact that the amount of contested tax is 111 million AMD, the Compulsory Enforcement Service refused to freeze 1.2 billion of the company’s real estate.
Instead, the CES today froze all fixed and variable property belonging to the company.
Commenting on today’s decision, Nareg Hartounian said he had no doubt that the whole affair is being planned in an attempt to destroy the family business.
“They are telling us straight out to pack up and leave,” he said.
Viewed 2875 times Alaverdi Mayor: Selling off Cultural Real Estate for Commercial Development
Viewed 2544 times Prime Minister Again Refutes "Off-Shore" Links: "I was in Prague at the time, not Cyprus"
Viewed 1391 times Parliament Prez: "The looters must be booted out of office"
Viewed 1389 times Archbishop Kjoyan Denies Allegations of Being Linked to "Off-Shore Scandal"
Viewed 1384 times Vahagn Chakhalyan Sues Georgian President Saakashvili Over "Unsubstantiated Charges"