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"I'll Stand Atop Masis And Spit On Your Forehead"

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  • "I'll Stand Atop Masis And Spit On Your Forehead"

    "I'LL STAND ATOP MASIS AND SPIT ON YOUR FOREHEAD"
    Ararat Davtyan

    hetq
    17:21, November 9, 2011

    In 2009, the well known businesswoman Silva Hambardzoumyan purchased
    the Sipan-1 company.

    This company had been the owner of the Litchkvaz-Tey and Terterasar
    gold mines. However, RA Minister of Energy and Natural Resources,
    Armen Movsisyan, subsequently stripped the company of its operating
    license for these mines.

    The company took the matter to the courts and the Court of Cassation
    declared the minister's decision "nullified". But Minister Movsisyan
    handed down the same illegal decision a second time and stripped the
    Sipan-1 company of its Litchkvaz-Tey operating license.

    Silva Hambardzoumyan again petitioned the courts but by that time the
    Ministry had put the Litchkvaz-Tey gold mine up for auction. The mine
    was obtained by the Sagamar Company.

    The Administrative Court concluded that the decision by the minister
    was legal. The case is now in the Court of Appeals but Hambardzoumyan
    says she has lost all hope in getting a just verdict from the courts
    in Armenia.

    Hambardzoumyan's lawyer, Karen Tounyan, describes the actions of
    Minister Movsisyan regarding the judicial sytem in the following
    manner - I'll stand atop Masis and spit on your forehead.

    The lawyer refers to last week's environmental public hearings during
    which the Sagamar Company's presentation was videotaped. Tounyan notes
    that in reality Sagamar presented a package belonging to Sipan-1 that
    had been shown to government officials back in 2006.

    "They were so negligent that the name Sipan-1 wasn't erased on some
    of the documents. Even some of the numbers didn't correspond to the
    Sagamar license and the name Sipan-1 shows up on some of the maps,"
    says Tounyan.

    The lawyer says he'll leave it up to others to conclude how the package
    wound up in the hands of Sagamar since the documents were being kept
    by the Ministry of Energy.

    Silva Hambardzoumyan says: "Sagamar purchased the Litchkvaz-Tey
    gold mine at the ridiculously low price of 198 million AMD. No one
    participated in the auction. It wasn't permitted. I purchased the
    mine for $25 million and also paid off the debt of $1.5 million."

    Hambardzoumyan says all of this was done in favour of Serop
    Der-Boghossian. She says that when the American-Armenian businessman
    was mired in the paedophilia scandal, he was forced out of Sagamar
    and the company remained the sole property of the Russians.

    "Then Serop's wife said she would expose everything and so they were
    forced to give Serop the Akhtala factory," Hambardzoumyan says. "I
    am quite familiar with what is going on. I follow their steps daily
    and have met with Serop's wife."

    As to what Serop's wife was about to expose, Hambardzoumyan notes,
    "His wife has a lot to say, about the events of 1999. She's keeping
    it to herself so that they let her husband off quickly. The wife
    threatened to go to the press if they didn't."

    Hambardzoumyan says she's ready to battle till the end, all the way
    to the European Court. And that she'll leave Armenia with a nice sum
    of money.

    When asked if she believed that Armenia's president would take an
    interest in the matter once given the true facts, Hambardzoumyan
    answered that she doesn't personally know Serzh Sargsyan.

    "It's the president who should express a desire to see me," said
    Hambardzoumyan, "After all, I am the only big woman entrepreneur
    in Armenia."

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