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Grisha Balasanyan

Prime Minister Sargsyan: ‘Even a dead person can register a company in Cyprus’

The offshore scandal that Hetq first broke several months ago continues to haunt Prime Minister Tigran Sargsyan, no matter how he tries to wriggle free.

Yesterday, during a Q&A session at the National Assembly, opposition HAK MP Levon Zurabyan again raised the issue of Sargsyan’s involvement in an offshore company that allegedly siphoned millions of dollars in loans.

Prime Minister Sargsyan, true to form, said that while he has already responded to allegations of his involvement, nevertheless, he’s the most interested to get to the bottom of the matter.

Sargsyan again argued that he never authorized anyone to register his name for an offshore company and that he never travelled to Cyprus during the time in question.

The prime minister said that the entire story was a fabrication intended to defame him.

“The fact remains that a company can be registered in Cyprus using anyone’s name. In fact, even dead people can go to Cyprus and register a company. As we see, there are many ways to disparage officials,” Sargsyan stated.

Levon Zurabyan responded that in the six months since the story broke, nothing has been presented to refute the charges, and that keeping the issue in the public spotlight isn’t aimed at disparaging the prime minister but an attempt to “wipe away the dirt” that has smeared the government.