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Armenian Presidential Control Service Reveals Massive Violations

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  • Armenian Presidential Control Service Reveals Massive Violations

    ARMENIAN PRESIDENTIAL CONTROL SERVICE REVEALS MASSIVE VIOLATIONS

    news.am, Armenia
    Dec 21 2009

    As a result of inspections conducted over the last few months, the
    Control Service of the President of the Republic of Armenian has
    revealed numerous violations in the work of almost all the ministries
    and government agencies. Major violations were registered in the work
    of the RA Ministry of Nature Protection. At his press conference,
    Head of the Servide Hovhannes Hovsepyan pointed out violations in
    the royalty and income tax payments. "In the case of royalty the
    concessionaires did not pay about 1bn AMD to the state budget. As
    regards the income tax, they did not pay about 300m AMD," Hovsepyan
    said. Mine concession licenses were issued with massive violations
    as well.

    The licenses were issued to the economic entities that failed to
    fulfill their commitments before. Over 500m AMD were not paid to
    the state budget due to loopholes in Armenian laws. Some of the
    concessionaries failed to meet their investment commitments, which
    caused damage of several billion AMD to the state. The relevant
    authorized agencies levied 130m AMD instead of 247m AMD for mine
    exploitation licenses. License taxes totaling 600m AMD were not paid
    to the budget.

    Hovsepyan reported a considerable decrease in the number of violations
    after some of the powers were transferred from the RA Ministry of
    Nature Protection to the RA Ministry of Energy and Natural Resources.
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