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Aram Sargsian Claims That Brandy Sold By Yerevan Brandy Company Exce

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  • Aram Sargsian Claims That Brandy Sold By Yerevan Brandy Company Exce

    ARAM SARGSIAN CLAIMS THAT BRANDY SOLD BY YEREVAN BRANDY COMPANY EXCEEDS AMOUNT OF GRAPES PURCHASED

    Noyan Tapan
    Sept 08 2006

    YEREVAN, SEPTEMBER 8, NOYAN TAPAN. In his open letter published
    recently in a number of Armenian newspapers, Herve Caroff, director
    of the Yerevan Brandy Company (YBC), neither denied nor confirmed the
    facts which indicate an illegal and unsparing use of reserve spirits
    by the company. Aram Sargsian, chairman of the Democratic Party of
    Armenia, deputy of the RA National Assembly, said that during a talk
    with NT correspondent on September 8. According to him, the fact of
    spirit embezzlement at the YBC was confirmed by the RA Prosecutor
    General during a meeting with him. Commenting on this letter addressed
    to him, A. Sargsian noted that only his allegation about the company's
    sale is refuted without any arguments. He said that the examination
    of the data presented by the YBC management on how much grapes was
    purchased in these years, how much brandy spirit can be obtained from
    this amount of grapes, and how much brandy was sold allows to conclude
    that the YBC has produced at least twice as much brandy as it would
    be possible in case of the given amount of grape purchase. "According
    to the agreement they signed at the time of the company's purchase, the
    initial amount of the basic spirit must have been kept," A. Sargsian
    noted. At the same time, he said that his questions were addressed
    not to the YBC's director but to the management of Pernod Ricard. "I
    applied to our authorities, which conducted a transaction with the
    company's management and are obliged to protect state interests,"
    he stated.
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