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Armenia is governed by clan, businessman says in Russia

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  • Armenia is governed by clan, businessman says in Russia

    Haykakan Zhamanak: Armenia is governed by clan, businessman says in Russia

    11:33 - 15.06.13


    Russian-Armenian businessman Ruben Vardanyan has describe the Armenian
    authorities as a clan-governed homogenous system in a recent interview
    with the popular TV channel Dozhd.

    Vardanyan, who has collaborated with the Armenian authorities for many
    years, making investments in the country, is now facing serious
    problems, according to the paper.

    The offshore scandal targeting Prime Minister Tigran Sargsyan is said
    to be linked to the Ameria bank, which is owned by him.

    Citing recent reports in the press, the paper says that the premier
    received over a $10bn. worth loan from the bank, which was later
    reduced to dust.

    The paper notes that it is quite possible that the severe criticism
    voiced recently in that connection is the result of that storey.


    http://www.tert.am/en/news/2013/06/15/gorcarar/

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