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Armenia's Oligarchs Do Not Have Guts To Work Legally - Opposition MP

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  • Armenia's Oligarchs Do Not Have Guts To Work Legally - Opposition MP

    ARMENIA'S OLIGARCHS DO NOT HAVE GUTS TO WORK LEGALLY - OPPOSITION MP

    June 18, 2013 | 13:56

    YEREVAN. - Gaining half the profits by working lawfully is more
    convenient for the oligarchs than working with high profits but under
    risks, not being sure that they will not be arrested tomorrow.

    Opposition Armenian National Congress bloc National Assembly (NA)
    Faction Secretary Aram Manukyan stated the aforesaid on Tuesday at NA.

    In his words, the system of kickbacks and misappropriations is
    coordinated and overseen in Armenia.

    "This system does not allow anyone to work freely and honestly,"
    Manukyan said.

    As per the opposition MP, 50 percent of Armenia's GDP is in the hands
    of thirty families, and the external debt/GDP ratio has reached the
    dangerous 44-percent level in the country.

    "This is the fringe where any country can adopt us," Aram Manukyan
    noted.

    He added that those emigrating from Armenia have started to take even
    their tools and equipment along with them.

    http://news.am/eng/news/158628.html




    From: A. Papazian
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