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Armenian Entrepreneur Learns Details Of Diamond Business In Africa -

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  • Armenian Entrepreneur Learns Details Of Diamond Business In Africa -

    ARMENIAN ENTREPRENEUR LEARNS DETAILS OF DIAMOND BUSINESS IN AFRICA - NEWSPAPER

    news.am
    September 14, 2012 | 07:53

    YEREVAN. - Armenian businessman Paylak Hayrapetyan left for Sierra
    Leone to get acquainted with the details of the well-known diamond
    business on location, Hayatsk daily reports.

    "According to his announcement, Hayrapetyan 'lost' $12 million when
    starting a joint business with businessman Ashot Sukiasyan.

    According to our sources, Hayrapetyan was on location, and he became
    convinced that a considerable portion of his money was truly invested
    in the diamond business-in any case, the areas of the mines were
    leased-but activities are not being carried out in thousands of
    hectares, due to unfavorable [weather] conditions, as it is the
    monsoon season," Hayatsk writes.

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