Monday, 24 September

New Head of Armenia's State Revenue Committee Has Deep Pockets

Vardan Harutyunyan was appointed chairman of Armenia’s State Revenue Committee twenty days ago by Prime Minister Karen Karapetyan.

The committee oversees all tax and customs services throughout the country.

Let’s now look at Harutyunyan’s personal finances.

On October 8, the new committee chief filed a financial disclosure, per the law, with the Ethics Committee for High Ranking Officials.

He disclosed 123 million AMD (US$259,000) in revenues, all in the form of wages from his prior job as the head of administration and general director at Armrusgasprom.

Harutyunyan also declared $121,640 in interest from loans he provided.

As for bank deposits, he declared 46 million AMD ($96,800), $54,105, and 110 Euros. He also owns shares in a company worth 309.3 million AMD ($651,000).

Harutyunyan owns three apartments, three automobiles, two houses and twelve tracts of land. 

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