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Vanadzor Mayoral Race - Financials of the 5 Candidates

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  • Vanadzor Mayoral Race - Financials of the 5 Candidates

    Vanadzor Mayoral Race - Financials of the 5 Candidates
    Adrine Torosyan

    hetq
    11:44, August 21, 2012

    The five candidates running for mayor of the northern Armenian town of
    Vanadzor have all filed their financial disclosure statements. Let's
    take a look.

    Karen Toumanyan - An independent and a lawyer who owns the Populex
    Legal Services Company. His annual salary at the firm was 667,560 AMD.

    Edik Karakhanyan - Prosperous Armenia Party. The former Deputy
    Regional Governor had a salary of 2.5 million AMD. He also owns a 70%
    share in a company called Edik Karakhanyan and Friends.

    Samvel Darbinyan - Republican Party of Armenia. The current mayor of
    Vanadzor who receives a salary of 2.4 million AMD. He also received
    23.4 million AMD in dividends from his brother's company Argishti 1.
    (The company was granted the contract to repair the town's roads)
    Darbinyan cash assets amount to 105 million AMD.

    Taron Apresyan - United Liberal National Party. Former branch manager
    of Orange Armenia. Was paid 5 million AMD in wages at Orange. Received
    1.7 million AMD in revenue from operated the Sanni City supermarket.
    Declared cash holdings of 5 million AMD and $3,500.

    Tigran Grigoryan - Independent. Received $787 in salary from
    Rossotrudnichestvo (the Federal Agency for the Commonwealth of
    Independent States). He declared 1.254 million AMD in cash.

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