Yesterday, Hetq reported that AmeriaBank has started to sell-off properties belonging to Paylak Hayrapetyan that were put up as collateral by Ashot Sukiasyan.

The $10.7 million in loans from the bank have since disappeared in a maze of off-shore transactions in which RA Prime Minister Tigran Sargsyan, Locum Tenens of the Ararat Diocese of the Armenian Apostolic Church, and Archbishop Navasard Kjoyan have been implicated.

Ashot Sukiasyan has since fled Armenia. He has been hit with several criminal charges and is now the subject of an official manhunt.

Sukiasyan also received $4.6 million in loans from Prometey Bank. The bank is now selling off his properties he placed as collateral.

The accompanying photos show one of these sites on Yerevan’s Proshyan Street located next to the Ararat Diocese of the Armenian Apostolic Church.

It was here that Sukiasyan held meetings with Archbishop Navasard Kjoyan.

Paylak Hayrapetyan says that he saw RA Prime Minister Tigran Sargsyan here on four separate occasions.