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Grisha Balasanyan

Prime Minister's Brother and Former Parliament Prez: Finances of 2 Ambassadors

Armen Sargsyan, who has been Armenia’s ambassador to China since 2008, is the brother of Prime Minister Tigran Sargsyan. And he’s a wealthy diplomat to boot.

His declared revenues for 2011 were 1.484 million AMD in pension and $31,716 in salary. He ended the year with 11.480 million AMD, US $110,000, 10,000 Euro and 40,000 Chinese Yuan in the bank.

Another well-to-do diplomat is Armen Khachatryan. He’s a former president of the RA National Assembly and now serves as Armenia’s ambassador to Moldova and Belarus.

He declared $35,160 in revenue for 2011; mostly salary. Khachatryan ended the year with 247 million AMD and $59,000 in the bank.

Photo: Armen Khachatryan, Armen Sargsyan (left to right)

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