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DIRECTOR OF ARMENIAN CONSTRUCTION COMPANY BOOKED FOR GROSS EMBEZZLEMENT
/ ARKA /
May 24, 2011
YEREVAN
YEREVAN, May 24. /ARKA/. Armenian prosecutor general's office has taken
an action against A. Petrosyan, director of Erkada Astgh construction
company for gross embezzlement and tax evasion, the office's press
service reports.
Petrosyan failed to reconstruct the building of the first-instance
court in Vardenis, Gegharkunik province, and pocketed the 39 million
drams he received from the government budget and compensated by Griar
Insurance company as prepayment for the reconstruction.
Besides, the company has submitted incomplete accounting reports on
procurement without VAT data in them to tax agencies and evaded AMD
33.23 million in taxes. ($1 = AMD 374.76).
From: Baghdasarian
/ ARKA /
May 24, 2011
YEREVAN
YEREVAN, May 24. /ARKA/. Armenian prosecutor general's office has taken
an action against A. Petrosyan, director of Erkada Astgh construction
company for gross embezzlement and tax evasion, the office's press
service reports.
Petrosyan failed to reconstruct the building of the first-instance
court in Vardenis, Gegharkunik province, and pocketed the 39 million
drams he received from the government budget and compensated by Griar
Insurance company as prepayment for the reconstruction.
Besides, the company has submitted incomplete accounting reports on
procurement without VAT data in them to tax agencies and evaded AMD
33.23 million in taxes. ($1 = AMD 374.76).
From: Baghdasarian