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NAIRIT'S $70 MILLION LOAN: 3 MAJOR PLAYERS REMAIN TIGHTLIPPED
Kristine Aghalaryan
http://hetq.am/eng/news/22745/nairits-$70-million-loan-3-major-players-remain-tightlipped.html
14:59, January 28, 2013
Eric Narsisyan, Director of Rhinoville Property Limited, a shareholder
of Nairit Plant CJSC, appears unwilling to grant Hetq an interview
in response to our series of articles following the mysterious money
trail of a $70 million loan.
Hetq's correspondent in France has been trying to get in touch with
Narsisyan to no avail. The company director has failed to answer our
voice mails as well.
In June 2006, when Rhinoville had already acquired shares in Nairit,
Andre Narsisyan, a French-Armenian was appointed director and served
until his death in April 2007. Maria Piotrovskaya, a Russian citizen
served as director from February to April 28, 2007. Damien James
Calderbank, a citizen of the UAE served as a director from March
2007 until December 2012. The company's other director, Eric Leon
Jacques Narsisyan (Andre's son) became a director after the death of
his father. He works at the Ararat Television Company in Marseille.
In our previous article, we noted that Nairit Plant CJSC had become
a shareholder of Rhinoville. Armenia's Minister of Energy and Natural
Resources Armen Movsisyan hasn't wished to provide any clarification
on the matter. Former Nairit Plant Director Vahan Melkonyan hasn't
offered any response either.
In essence, the three major players involved are refusing to go on
the record regarding how they managed a $70 loan designed to get the
Nairit plant up and running.
In the meanwhile, plant employees continue to their demands that the
plant operate and that they get paid their wages.
Photo (l to r): Armen Movsisyan, Vahan Melkonyan, Eric Narsisyan
Kristine Aghalaryan
http://hetq.am/eng/news/22745/nairits-$70-million-loan-3-major-players-remain-tightlipped.html
14:59, January 28, 2013
Eric Narsisyan, Director of Rhinoville Property Limited, a shareholder
of Nairit Plant CJSC, appears unwilling to grant Hetq an interview
in response to our series of articles following the mysterious money
trail of a $70 million loan.
Hetq's correspondent in France has been trying to get in touch with
Narsisyan to no avail. The company director has failed to answer our
voice mails as well.
In June 2006, when Rhinoville had already acquired shares in Nairit,
Andre Narsisyan, a French-Armenian was appointed director and served
until his death in April 2007. Maria Piotrovskaya, a Russian citizen
served as director from February to April 28, 2007. Damien James
Calderbank, a citizen of the UAE served as a director from March
2007 until December 2012. The company's other director, Eric Leon
Jacques Narsisyan (Andre's son) became a director after the death of
his father. He works at the Ararat Television Company in Marseille.
In our previous article, we noted that Nairit Plant CJSC had become
a shareholder of Rhinoville. Armenia's Minister of Energy and Natural
Resources Armen Movsisyan hasn't wished to provide any clarification
on the matter. Former Nairit Plant Director Vahan Melkonyan hasn't
offered any response either.
In essence, the three major players involved are refusing to go on
the record regarding how they managed a $70 loan designed to get the
Nairit plant up and running.
In the meanwhile, plant employees continue to their demands that the
plant operate and that they get paid their wages.
Photo (l to r): Armen Movsisyan, Vahan Melkonyan, Eric Narsisyan