Two government officials in 2001 finagled the property documents to gain ownership of this state registered landmark.
Comparing the wines produced by various countries, Vahe is convinced that Armenia, due to its long sunny season, can produce some of the best.
Banks in Armenia have become untouchable fortresses. They are under the protection of the government and can operate as they please because they do the government’s bidding.
Electric Networks of Armenia (ENA), the embattled utility that has racked up a ton in debt, has allocated millions of dollars to a number of foundations and charitable organizations.
It’s mostly the boys of those semi-starving families who are now defending the borders of Armenia under this sweltering summer heat; standing for hours at a time keeping tabs on the enemy’s movements and ploys
Pedro Zorikian, who moved to Armenia from Los Angeles, never thought he’d be working with the earth in the homeland. At first, he wanted to start a small enterprise and he brought some experimental materials with him. After dealing with Armenian customs officials Pedro changed his mind.
Today, Abrahamyan’s relatives enjoy such a privileged status as their illustrious sponsor and refuse to pay taxes on their business operations.
There is no room for the spiritual in Armenia today. Just look at the regime’s heroes who have been thrust upon the public – Lfik Samo, Tokhmakh Mher, Tsoulvetsi Karo, Dodi Gago, Chorni Gago, Liska, Shmays…
These posts are set apart at the same distance up and down the 180 border that separates Artsakh from Azerbaijan. Every day, thousands of soldiers are looking across the line of contact to the enemy beyond.
We have such information that they [Turks] are participating but not permanently. The possibility is great.
We know that the Bentley was a gift from businessman Ashot Sukiasyan who, in turn, purchased it with loans received from Ameria Bank for which another businessman, Paylak Hayrapetyan put up his assets as collateral.
Diabetes patients in Armenia who have taken the drug have complained about muscle pain, upset stomach, dizziness and headaches.
We've met with Armenian physicians' associations from the US and France. And they have responded with great enthusiasm and readiness.
Here’s yet another strange but true example of Armenian government officials amassing small fortunes when their salaries as state bureaucrats can in no way account for such wealth.
Police confirmed the news of the incident. Arabkir's experienced police chief, Grisha Amirkhanyan, decided not to launch a criminal investigation as there is no complainant.
Hayk, a native of Martakert, has two brothers, each with two kids of their own. All three families live in their parents’ two story house in Martakert.
The boys don't talk and that's it; they don't want to describe anything. In response to questions about their actions, they say they were given a job and they did it. I then ask for their opinion about the armies of different countries; I ask about the best scouts.
Hetq's editor-in-chief Edik Baghdasaryan recently met with the defense minister of the Republic of Nagorno- Karabakh (NKR), soldiers and officers serving in Karabakh, who described the current situation. Baghdasaryan notes that the "old guard" has returned to fight alongside soldiers on the frontline.
Armenian Prime Minister Hovik Abrahamyan needs to come clean regarding his complicity in the Nairit rubber factory financial fiasco cover-up.
Yesterday, for political parties in Armenia (Heritage, Prosperous Armenia, Armenian National Congress and the ARF) published a 12 point list of demands that current government needs to implement by the end of this September.
There are 105 prisoners serving life sentences in Armenia. Fourteen of them are former army conscripts. They weren't criminals.
Despite the continuing resonance of the Cyprus financial imbroglio in Armenia, AmeriaBank, a major ‘player’, seems intent to push the entire process to its logical conclusion.
This chain of “coincidences” continued to grow. The government decided to spur the diamond reprocessing sector in Armenia; Minister of the Economy Nerses Yeritsyan “accidentally” invites the representatives of 23 business organizations to his office and then introduces them to diamond businessman Ashot Sukiasyan who, “by chance”, is also there.
There is not one official in the present government that sees the need to reckon with public opinion – the vox populi.
My friend, who fought in the Artsakh War, became infuriated when he heard about the pay hikes for state officials. He says that we must change the forms of struggle. I agree.
It turns out that the Police Department, in the person of Police Chief Vladimir Gasparyan, has opted to bury the matter, despite the existence of sound evidence that large amounts were laundered and illegally appropriated.
Paylak Hayrapetyan is not a happy man, given that Bon Armenia LLC. has taken title to three of his properties that had been put up as collateral with AmeriaBank in a government-backed program to transform Armenia into a world center for the polishing and sale of diamonds.
Had the bank done its homework in the first place, it would have revealed that Sukiasyan used the money to purchase large quantities of gold, a Bentley automobile, a house, and to invest in construction and in Metaks Group Ltd., among others.
Dzoragyugh Production Cooperative, owned by Ashot Sukiasyan, $9,370,450 of the loans issued by AmeriaBank were transferred to the accounts of several offshore companies held at the Hellenic Bank Publik Company of Cyprus.
As a result of a shoot-out near Khachaturyan's home in Goris, Artak Boudaghyan, Commander of the N Artsakh Military Unit, is in serious condition and his brother, Avetik, was killed on the spot.
WLISPERA HOLDINGS LIMITED, an offshore company registered in Cyprus,reveals how elements of Armenia’s powerful state, church and business sectors have been able to operate in tandem in the pursuit of their own economic interests.
Max Sivaslian first came to Armenia in 1992. He left for Artsakh to cover the war. He was wounded twice. For the past twenty years, Max has been living in Armenia.
I've known Volodya for more than twenty years. He was one of the guys who fought in Leonid Azgaldyan's "Liberation Army" and participated in many battles in Artsakh. Now, Volodya and twenty or more soldiers are staging a sit-down strike in Yerevan's Freedom Square.
I had returned from Karabakh the day before, and hadn’t yet got my head on straight, before finding myself on the “attractive” election stage in Yerevan.
On March 14, Hetq sent a letter to RA Prime Minister Tigran Sargsyan, informing him that we had published a series of articles exposing the dubious transactions between Nairit Plant CJSC and Rhinoville Properties Limited, and the embezzlement of loans provided by the Interstate Bank.
Even though it has been 18 months since the suspicious suicide of Armen Petrosyan, the owner of the Aray electronics chain, the police are continuing their preliminary investigation which, to date, has turned up nothing new.
Hetq has spent the last seven months tracking the trail of $170 million in loans received by the Nairit Plant to ostensibly get up and working again. The money has literally vanished under the eyes of a government that daily proclaims to struggle against corruption and all its social ills.
When the last three justice ministers spoke about reforms to the system, I never took them seriously. Those “reforms” have been in the works for the past ten years. What have been the results? Have the courts and serving judges become more independent? No. In fact, they have become more controllable and more corrupt.
For the last three years, all our requests to visit people held in Armenia’s correctional facilities have received the same refusal, even though the head of the press affairs head has been changed. The above conversation took place twenty days ago. On December 14, we received the first reply to our two written requests from Ghalechyan. We received the second reply today.
I met up with Monte’s brother Markar in the afternoon. We drove to Fresno in Markar’s beat-up jeep. The plan was to have lunch at one of the local Armenian restaurants. They were all closed or had gone out of business. Fresno was a sad little town. Even the Armenian church was closed.
An interview with Marcelo Wende, Managing Director of “Armenia” International Airports” CJSC
The company “Tierras de Armenia” was founded by Argentinean-Armenian Eduardo Eurnekian.
Artsakh: October 23, 2012 Military Exercises
In a tiny village in Gegharkouniq Province, local tax inspectors unearthed a 78 year-old woman and charged her with avoiding tax payments. They have fined the senior 500,000 AMD. This can be considered a death sentence for the woman.
In a judgement dated September 5, 2012, the U.S. Southern District Court of New York ordered the U.S. Marshall of the same district to seize $37,537,978 from Vardan Ayvazyan to be paid to Global Gold Mining LLC.
According to press reports, the sales receipts handed out in his various companies (Palermo, Aldo, River Island and Next) were all fake. That’s to say customers were give receipts, but they were for show only. This was the way business was conducted in stores belonging to a state official.
“I entered into an agreement with Nunufar Hovhannisyan to find me a plot of land on which to build a house. I gave her my power of attorney to conduct whatever transactions were necessary. In total, I handed over $539,000 to her in bank deposits and cash. Nunufar doesn’t deny the amount,” Caroline says.
Over the course of Saturday and Sunday, when the banks are closed, this family racked up $25,000 of purchase on a fake credit line of $2,000. In one store, they purchased a $1,500 computer. Three hours later they came back and bought three more. Elsewhere, they purchased a meat grinder and other household goods.
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