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Coffee Distribution Company Heads Indicted in Money Embezzlement

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  • Coffee Distribution Company Heads Indicted in Money Embezzlement

    COFFEE DISTRIBUTION COMPANY HEADS INDICTED IN MONEY EMBEZZLEMENT

    Panorama.am
    16:25 20/10/06

    Soon Royal Armenia, a coffee distribution company, will start lays
    off of its employees. In the first phase, 48 employees will be
    dismissed. The future unemployed must thank Customs State Committee
    and National Security Service investigation officials.

    Gevorg Minasyan, company lawyer, said they do not have raw coffee
    under their disposal at the present situation. The customs service
    put a ban on more than 100 tones of coffee dispatch failing to process
    necessary documents. The ban is made due to a criminal case instituted
    against company directors Gagik Hakobyan and Aram Ghazaryan. The
    latter are indicted for customs violations, document fraud and money
    embezzlement. /Panorama.am/
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