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Aleksanyan - $9.9 Million in Cash; Pashinyan - $49.75

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  • Aleksanyan - $9.9 Million in Cash; Pashinyan - $49.75

    Aleksanyan - $9.9 Million in Cash; Pashinyan - $49.75
    Grisha Balasanyan

    hetq.am
    22:51, April 29, 2012

    Samvel Aleksanyan (left) is a businessman/MP running for re-election
    in Election District #7.

    His main challenger is Nikol Pashinyan, an Armenian National Congress
    activist who went underground after the March 2008 public unrest and
    later turned himself in. He was subsequently jailed for several
    months.

    When the race got underway, Aleksanyan feigned poverty and said he was
    in need of campaign contributions. The businessman even opened a
    special bank account. But a look at his financial disclosure reports
    presents a different picture.

    Samvel Aleksanyan - This Republican Party MP claims he isn't a
    businessman even though he enjoys a monopoly on the importation of
    several foodstuffs into Armenia.

    This past year, Aleksanyan reported his 3,025,750 AMD salary as income
    and stock dividends of 14.5 million from other companies. The
    disclosures fail to detail the percentage share he owns in these
    companies.

    As of March 1, Aleksanyan claims 380 million AMD and $9.9 million in
    cash assets.

    Nikol Pashinyan - The editor of Haykakan Zhamanak claims no apartment or car.

    His salary at the paper is just over 3 million AMD. He reports
    additional revenue of 759,000 AMD from the paper, and another 182,000
    for work-related junkets.

    As of March 1, Pashinyan reports 148,900 AMD and $50 in cash holdings.

    Vardan Vardanyan - This self-declared candidate is employed at
    Yerevan's Malatya-Sebastia District Administration. He reports that
    his 2 million AMD salary is his only income but disclosed 200 million
    AMD and $200,000 in cash assets as of March 1.

    Tigran Grigoryan - This self-declared candidate is unemployed. He owns
    an apartment in Vanadzor.

    This year, Grigoryan received a $2,600 educational scholarship from
    the Davidyan Foundation and $787 from the Russian-Armenian Cooperation
    Council.

    As of March 1, he reported 1.250 million AMD in cash holdings.

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