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Court of Cassation President Seems to be Doing Well Financially
Arman Mkrtoumyan, President of the RA Court of Cassation, said he would dismiss all judges found operating commercial enterprises on the side. He made this pledge back in 2009.
And what about Mkrtoumyan himself? His declared assets over the years have grown by leaps and bounds. Let’s look at the numbers.
In 2005, when Mkrtoumyan was the president of the Court of Cassation’s Chamber of Civil and Economic Affairs, he declared revenues of 3.729 million AMD – basically his wages.
In 2008, that figure grew to 58.9 million AMD and 1,208 Euros. At the time, we asked Mkrtoumyan if he had won the national lottery or if a rich relative had died. Mkrtoumyan never explained the astronomical growth in wealth.
In 2011, Mkrtoumyan only declared his income figures. He received 16.480 million AMD of which 10.718 was salary and the balance, interest income.
He also declared $185,790 in cash assets.
That same year his wife, Marineh Mkrtoumyan declared income of 60,256 AMD and $40,000.
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