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Diaspora Armenian Investor Requests Help From Mps

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  • Diaspora Armenian Investor Requests Help From Mps

    DIASPORA ARMENIAN INVESTOR REQUESTS HELP FROM MPS

    hetq
    15:03, October 9, 2012

    Edmond Khoutian, the diapora Armenian businessman who claims that his
    Arin Capital investment company in Armenia was swindled out of $8.5
    million and who now faces $1.5 million in back taxes, has written an
    open letter to Armenian MPs asking for the assistance in the matter.

    Khoutian writes that he no longer has any faith in any Armenian
    government body and that he's being held "hostage" by the courts.

    The businessman accuses prosecutors of meekly carrying out the
    instructions from on high and points to recent ECHR verdicts that have
    gone against Armenia as proof that the judicial system in Armenia is
    ineffectual and seriously corrupt.

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