Edmond Khudyan, a businessman from the United States, who says he’s been swindled and cheated out of millions of dollars while engaging in commercial enterprises in Armenia, has written an open letter to President Serzh Sargsyan, calling on him to finally ‘take the bull by the horns’ and get to the bottom of his ongoing financial nightmare.

In his letter, Mr. Khudyan calls on President Sargsyan to take long overdue measures to see that those complicit in the financial fraud and cover-up are exposed and punished.

The businessman says he hopes President Sargsyan will get the process rolling before the Armenian head of state visits the United States to participate in commemorations marking the 20th anniversary of Armenia’s independence.

Mr. Khudyan reminds President Sargsyan that as recently as September 14, at an independence event at Sardarabat, he spoke of the importance of the diaspora in the nation building process and the necessity for the rule of law.

The businessman, who was born in Tehran and raised in Yerevan, laments the fact that his letters to the Ministry of the Diaspora, the RA Police or Ministry of Justice have either gone unanswered or given short shrift in terms of results.

Mr. Khudyan also reminds President Sargsyan that none of his letters addressed to the RA Presidential Palace have ever been answered, which leads one to conclude that presidential staffers have kept the president in the dark.

“In the Armenian language press in the U.S., the matter of my investments in Armenia has been widely covered and remains in the spotlight and a topic of conversation of many civic organizations,” Mr. Khudyan writes.

Whether the above passage can be seen as a veiled threat to President Sargsyan, portending negative publicity during his U.S. trip, remains to be seen.