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Financial Riddle? RA Justice Minister Reports 3 Million AMD as "Other Income"

Grisha Balasanyan


12:00, July 30, 2012

It appears that RA Minister of Justice Hrayr Tovmasyan likes to stash away a good bit of his savings, preferably in U.S. Dollars and Euros.

According to his 2011 financial disclosure, Minister Tovmasyan had 6,750 Euros and $70,000. In 2011, he had declared $120,000.

In terms of revenue, Tovmasyan declared 7.492 million AMD of which 3.7 million was in the form of wages. Another 3 million was reported as “other income”.

He sold an apartment for 37 million AMD last year and purchased another for 60.5 million.


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