
Diaspora Armenian Investor Requests Help from MPs
Edmond Khoutian, the diapora Armenian businessman who claims that his Arin Capital investment company in Armenia was swindled out of $8.5 million and who now faces $1.5 million in back taxes, has written an open letter to Armenian MPs asking for the assistance in the matter.
Khoutian writes that he no longer has any faith in any Armenian government body and that he’s being held “hostage” by the courts.
The businessman accuses prosecutors of meekly carrying out the instructions from on high and points to recent ECHR verdicts that have gone against Armenia as proof that the judicial system in Armenia is ineffectual and seriously corrupt.
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