Newly elected Prosperous Armenia Party MP Abraham Manoukyan is a man of means and really has no need of the 300,000 AMD monthly salary he’ll be getting as a legislator.

Accordoing to his latest financial disclsoure, Manoukyan owns several plots of land and a few buildings in Yerevan. He drives a 2007 Mercedes Benz S500.

Before being elected to parliament., Manoukyan served as president of the managers’ advisory council of the Urban Universal Reserve. His salary was 1.575 million AMD.

He also declared cash reserves of 217 million AMD, $117, 000 and a whopping 46 million Euros.

Vahan Karapetyan, another newly elected MP from Prosperous Armenia, also is a man of some means.

Karapetyan also served in corporate management before coming to the parliament.

Hefty cash reserves are a Karapetyan hallmark - 1.2 billion AMD, $5.150 million and 650,000 Euros.

(Photo - Vahan Karapetyan)