PM SARGSYAN: CASH HOLDINGS JUMP FROM $22K TO $859K IN UNDER 3 YEARS
Grisha Balasanyan
HETQ
13:19, June 18, 2012
RA Prime Minister Tigran Sargsyan appears to have been busy amassing
large amounts of cash lately.
Evidence of this are his recent asset and revenue disclosure statements
he's obligate to make as a government official.
PM Sargsyan has a number of accounts in various banks from which he
derives a large amount of interest income.
He's declared 35 million AMD and $859,000 in cash as of the end of
2011. This is in addition to his 3,334,080 AMD salary and the 211,000
AMD in speaking fees.
In comparison, he only declared 17.2 million AMD and $22,000 in cash
in 20009.
Tigran Sargsyan's wife Gohar is also an individual of means, even
though she claims no gainful employment.
At the beginning of 2011, she declared 12 million AMD and $119,823
in cash holdings. By the end of the year these amounts grew to 15
million AMD and $128,920.
PM Sargsyan also has a number of real estate holdings - a 122 square
meter apartment on Yeghishe Charents Street, a 134 s.m. private
home on Vshtuni Street and he's a co-owner of a 93 s.m. apartment on
Baghramyan Street in Yerevan.
Grisha Balasanyan
HETQ
13:19, June 18, 2012
RA Prime Minister Tigran Sargsyan appears to have been busy amassing
large amounts of cash lately.
Evidence of this are his recent asset and revenue disclosure statements
he's obligate to make as a government official.
PM Sargsyan has a number of accounts in various banks from which he
derives a large amount of interest income.
He's declared 35 million AMD and $859,000 in cash as of the end of
2011. This is in addition to his 3,334,080 AMD salary and the 211,000
AMD in speaking fees.
In comparison, he only declared 17.2 million AMD and $22,000 in cash
in 20009.
Tigran Sargsyan's wife Gohar is also an individual of means, even
though she claims no gainful employment.
At the beginning of 2011, she declared 12 million AMD and $119,823
in cash holdings. By the end of the year these amounts grew to 15
million AMD and $128,920.
PM Sargsyan also has a number of real estate holdings - a 122 square
meter apartment on Yeghishe Charents Street, a 134 s.m. private
home on Vshtuni Street and he's a co-owner of a 93 s.m. apartment on
Baghramyan Street in Yerevan.