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Armenia Faces Losses Caused By Corruption

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  • Armenia Faces Losses Caused By Corruption

    ARMENIA FACES LOSSES CAUSED BY CORRUPTION

    Lragir.am
    29 March 06

    In 2005 the losses of Armenia caused by corruption totaled 3 billion
    487 million drams, but only 236 million drams was recovered. Bagrat
    Yesayan, the adviser to the president of Armenia on corruption,
    says Armenia is facing serious corruption problems.

    According to Bagrat Yesayan, more cases of corruption were revealed
    in 2005 than in 2004, and 97 officials were punished. Yesayan does
    not want to assess whether this is much or little; he merely mentions
    the fact.
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