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Leadership Of Bjni Applies To Armenian President To Help Suspend Auc

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  • Leadership Of Bjni Applies To Armenian President To Help Suspend Auc

    LEADERSHIP OF BJNI APPLIES TO ARMENIAN PRESIDENT TO HELP SUSPEND AUCTION ON SALE OF THE PLANT'S PROPERTY

    ArmInfo
    2009-01-29 19:07:00

    ArmInfo. The leadership of Bjni Plant of Mineral Waters has applied
    to Armenian President Serzh Sargsyan to help suspend the compulsory
    auction on sale of the plant's property, the statement of Bjni Director
    General L.Harutyunyan given to ArmInfo says.

    The company's leadership suggests setting up a working group of
    well-known high-ranking officials, Bjni specialists and international
    organizations to investigate the circumstances related to the plant
    and make an objective conclusion.

    L.Harutyunyan thinks that the Service of Compulsory Execution of
    Judicial Acts of the Armenian Justice Ministry is trying to illegally
    sell the property of CJSC Bjni Plant of Mineral Waters via an e-auction
    as the bailiffs keep in secret the information which property is to
    be sold and how much it is evaluated.

    The deal is illegal, at least, because the managers of the company
    have not been informed about the results of the evaluation.

    To remind, the starting price of the property of "Bjni" and "Noy"
    brands is 4.934bln AMD ($16mln).

    The property was put up for sale because of the tax service's financial
    claims worth 4.1bln AMD.

    Bjni is part of Sil Concern, which belongs to the Sukiassyan
    family. The pressure that is being exerted on the concern by the
    government may be due to the political activities of one of its
    shareholders, MP Khachatur Sukiassyan who openly supported the first
    president of Armenia Levon Ter-Petrossyan during the Feb presidential
    election.

    Meanwhile, well-known Armenian businessman, leader of Prosperous
    Armenia party Gagik Tsarukyan has advised businessmen not to take
    part in the auction.
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