Many are probably not aware that RA Minister of the Environment, Aram Haroutyunyan, is the major shareholder in a company called Yeghvard Road Construction.

The company won a tender bid to service all the roads in the town of Yeghvard. One can only wonder if Minister Haroutyunyan pulled any strings to win the contract.

Haroutyunyan has been in the media spotlight on and off over his financial revenues, but the government has taken no moves to take a closer look.

In 2008, Aram Haroutyunyan’s only source of income was his 2.9 million AMD salary.

In 2009, his income jumped to 131 million AMD. The following year is dropped to 103 million.

In 2011, his income was 102 million of which 2.9 million was his salary. His stock dividends amounted to 65 million and interest income was some 18.5 million. The balance was in the form of rental payments.

Last year, Minister Haroutyunyan had assets of 65.4 million AMD and 11,308 Euros.