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BAKU: Iraqi Militants Demand $1m For Armenian Captive

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  • BAKU: Iraqi Militants Demand $1m For Armenian Captive

    IRAQI MILITANTS DEMAND $1M FOR ARMENIAN CAPTIVE

    Assa-Irada, Azerbaijan
    Sept 27 2005

    Baku, September 26, AssA-Irada
    Iraqi militants demand $1 million for the ethnically-Armenian
    businessman they recently captured, Russian ITAR-TASS news agency
    reported.

    The deadline on the ransom for the release of Karapet Zhan
    Jeckerdzhian, a 40-year old citizen of Cyprus and Lebanon engaged in
    selling drinks and food in Iraq to order of Jetco company, expires
    Monday.

    The company suspended its activity in Iraq a week ago on a demand of
    the kidnappers.

    Reports released last week suggested that the militants demanded $2
    million for Jeckerdzhian's release but lowered the figure to $500,000
    later. According to latest reports, the kidnappers are demanding a
    $1 million ransom,. *
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