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Yerevan Mayoral Candidates and Their Finances

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  • Yerevan Mayoral Candidates and Their Finances

    Yerevan Mayoral Candidates and Their Finances
    Grisha Balasanyan

    13:10, April 13, 2013


    What follows is a breakdown of assets owned by those heading their
    respective party proportional tickets in the upcoming May 5 Yerevan
    municipal elections.

    The data is culled from the financial disclosures filed by the
    candidates covering the period March 1, 2012 - March 1, 2013.

    Taron Margaryan (Republican Party) - The current Mayor of Yerevan'
    sole income is his salary of 4.730 million AMD.

    He had bank accounts of 115 million AMD, $50,000 and 50,000 Euros.

    Vardan Oskanyan (Prosperous Armenia) - His sole income is derived from
    his monthly 300,000 AMD as a member of parliament. He declared
    $150,000 in band deposits.

    Vahagn Khachatryan (Armenian National Congress) - This former Yerevan
    mayor declared no revenue for the period mentioned. He declared
    600,000 AMD and $1,500 in bank depsoits.

    Armen Rostoumyan (ARF) - This MP declared annual wages of 3.350
    million AMd and interest income of 150,000 AMD.

    He declared banks deposits of 15 million AMD, $10,000 and 2,000 Euros.

    Armen Yeritsyan (Country of Law) - He is currently the Minister of
    Emergency Situations and declared 3.817 million AMD in wages and a
    police pension of 3.401 million.

    He declared 34 million AMD in bank holdings.

    Mesrop Arakelyan (Mission Party) - He is 28 years-old and teaches at
    Yerevan State University. He declared 17.863 million AMD in wages from
    VTB Bank and 772,000 from the university, plus 375,000 in interest
    income.

    He declared bank deposits of 2 million AMD and $48,000.

    Armen Martirosyan (Barev Yerevan) - He serves as the Vice-President of
    the Heritage Party.

    He declared 1.208 million AMD in wages from the State Institute of
    Physical Culture and 741,000 AMD from the National Assembly when he
    served as an MP. He declared no bank holdings.

    http://hetq.am/eng/articles/25453/yerevan-mayoral-candidates-and-their-finances.html

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