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South Caucasus Railroads Puts Up To Auction Extra Cars And Cottage

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  • South Caucasus Railroads Puts Up To Auction Extra Cars And Cottage

    SOUTH-CAUCASUS RAILROADS PUTS UP TO AUCTION EXTRA CARS AND COTTAGE

    Panorama.am
    18:12 25/02/2009

    The matter of official investigation on the peculation of investments
    of the "South Caucasus Railroads" Company finished and a report
    is to be presented within 10 days to the Minister of Transport and
    Communication of Armenia, said the General Director of the Company
    Shevcet Shaidulin in a press conference.

    Remind that at the end of the previous year some publications appeared
    in the local mass media about the peculation of investment means of
    the current company. Particularly, it was mentioned that expensive
    cars and apartments have been bought spending those means.

    According to the General Director of the Company those cars and
    apartments were bought to receive foreign guests but they were not
    bought on investment money. He also said that ten extra cars and one
    cottage would be put up to the auction because they did not need them
    as much.
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