Saturday, 22 September

American-Armenian Investor Plans to Sue Armenian Government



American-Armenian businessman Edmond Khudyan, who claims he’s been swindled out of millions in a case involving his Arin Capital & Investment Corporation, says he’s planning to take the government of Armenia to court.

Khudyan, in his statement, laments the fact that he has not been able to pursue his legal case in Armenia’s court system and that his so-called business partners in Armenia are protected by top ranking officials in government.

Deputy Minister of Diaspora Affairs Davit Karapetyan said during a press conference regarding such cases that the ministry can only afford free legal advice and has no jurisdiction to pursue such matters in the courts.

He argued that according to the RA Constitution the courts are a independent branch of the government.

Khudyan’s attorney, Nikolai Baghdasaryan, responded to this statement rhetorically. “The government allocates 1.366 million AMD to the Chamber of Advocates and that amount has doubled so that such advice will be again be provided to diaspora Armenians. So why is the Diaspora Ministry conducting such work when professional lawyers are providing the same?”

Edmond Khudyan, who participated in the interview via a video link-up, declared that he had received no assistance from the Ministry and that the Armenian court system was committing a crime by covering up the case.

Lernik Hovhannisyan, another Khudyan lawyer, said there was no information regarding what steps the investigative body working the case had conducted during the past year.

“We know the people who should be charged. Company director Edward Yesayan failed to pay some 139 million AMD in taxes. The developer Vlad Mangasaryan has embezzled millions of dollars by forging Khudyan’s signature but he has yet to be charged,” stated Hovhannisyan, adding that it appears that the RA Prosecutor General has issued instructions not to examine the case at all.


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Comments (9)
1. Karen Mkrtchyan15:56 - 30 October, 2012
Jishtel kani. Minchev mer karavarutyun@ mard darna, spyurqnel eres kteqi mezanits yev heto el aselu kariq chka te inch klini mer vijak@ AMOT E AMOT!
2. VREJ21:07 - 30 October, 2012
Էդմոնդ Խուդյանը, ԻՆՉ ԷՍ ԿՈՐՑՐԵԼ ԻՆՉ ԷՍ ՄԱՆ ԳԱԼԻ ?
3. hasmik10:48 - 31 October, 2012
շնորհակալություն Ձեր համարձակության համար, սա ոչ թե Հայաստանի դեմ է, այլ գլոբալ առումով Հայաստանի համար է, Ձեձ հաջողություն եմ ցանկանում
4. Arthur11:12 - 31 October, 2012
I am an Armenian American. i have been somehow big investor and been involved in several business in Armenia. I have made mistakes and lost money in some cases, but i do not blame Armenia or Armenian when i have made wrong decision and lost money. You better tell your attorneys to explain what is the real problem, show that you did everything by the books and no wrong business practices. with this you will have good number of supporters.
5. hasmik11:21 - 31 October, 2012
պարոն Խուդյան, մարդու իրանունքների եվրոպական դատարան ևս դիմեք, միևնույն է դուք հաղթելու եք, դրանով էլ ձեր լուման կունենաք պետական մաֆիայի վերացման մեջ
6. samvel14:05 - 31 October, 2012
жаль что опять и это кокой раз АРМЕНИЮ унечтожет жадность и олочность
7. Նարեկ Ալեքսանյան14:39 - 31 October, 2012
սա ոչ թե Հայաստանի դեմ է, այլ գլոբալ առումով Հայաստանի համար է... դիպուկ էր ասված, hasmik:
8. valer21:52 - 31 October, 2012
Edmond jan chlres, henc lrecir kasen uremn suter ayd amenn inchqan karoxes barcradzaynir u khasnes chshmarit lucmann.
9. Xunsap'ha13:43 - 2 November, 2012
You can insist all you like that "the courts are an independent branch of the government". We will go by our horse sense about the way you operate; namely: "you scratch my back and I scratch yours" - the only operational basis for a successful mafia government in charge.
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