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Armenian corruption control council discusses number of issues

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  • Armenian corruption control council discusses number of issues

    ARKA News Agency, Armenia
    July 22 2005

    ARMENIAN CORRUPTION CONTROL COUNCIL DISCUSSES NUMBER OF ISSUES

    YEREVAN, July 22. /ARKA/. The members of the Armenian Corruption
    Control Council discussed a number of issues, the Public Relations
    and Mass Media Department, RA Government Staff, reports. During the
    meeting Chairman of the Central Bank of Armenia (CBA) Tigran Sargsyan
    reported on the RA Government's corruption control strategy for the
    CBA and on the actions taken to implement the strategy. He also
    reported what has been done by the Council to meet the commitments
    Armenia assumed by signing international conventions and agreements.
    Sargsyan pointed out that a number of measures were taken during the
    period under review to draft bills on Money Laundering Control, on
    Settlement System and on Exchange Regulation and Control, as well as
    of official explanations of the CBA regulations.
    Chairman of the State Commission for Protection of Economic
    Competition Ashot Shakhnazaryan also reported on the Commission's
    work under the corruption control strategy, as well as pointed to
    some discrepancies in legislation, which are the ground for
    corruption risks.
    RA Minister of Justice David Harutyunyan reported on the problems of
    legislative regulation of the control.
    In conclusion, RA Prime-Minister Andranik Margaryan instructed to
    place the reports on the Governmental web-site to make them available
    for public. A.A. -0--
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