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INVENTORY IS FOLLOWED BY DISPOSAL
There are already two inquiries about the origin of high-ranking
officials. Amnesty International has applied to the Ethics Commission
to find out whether the head of SRC has used his official powers to
enrich himself. And the Armenian National Congress has applied to
the Office of the Prosecutor General to check the lawfulness of the
source of Taron Margaryan's wealth.
Such issues are unprecedented in Armenia. Since the declaration of
independence and legalization of private property nobody in Armenia
has ever brought up the issue of legality of capital accrued in the
past two decades. It has been stated in press at a popular level but
no legal assessments have been made. Apparently, it is due to the
difficulties that a country with weak law enforcement may have while
trying to find out whether the capital is legal. At least because
the economy is inundated with corruption schemes. It is possible to
check the source of wealth of one official or another whereas everyone
should be checked.
In Armenia, privatization of state property and national wealth went
on savagely. At that time nobody could figure out why big companies
were sold without quoting, why some people received licenses for
exploiting the subsoil, why the economy is divided to quotas. Besides,
nobody knows the real amount of assets of Armenian rich people. Even
Forbes with its "respectable" ratings had to close in Armenia.
Now it is time for inventory. The country's leadership wants to count
how much everyone has, how much is recorded in the official book of
income. Besides, it is a good opportunity to remove those who do not
obey the new building system.
As a rule inventory ends with a disposal. If the legality of Gagik
Khachatryan's and Taron Margaryan's property is confirmed, they will
become the first legitimate official capitalists.
It is not ruled out to be a precedent for applying to the Office of
the Prosecutor General demanding to check the others as well.
Finally, property can be legalized in three ways: nationalization,
pardon on the condition of investing in the social sector or
redistribution - taking from one and giving to another. A chain of
grocery stores is closing already. Let's see who will get them.
Naira Hayrumyan 14:19 02/05/2013 Story from Lragir.am News:
http://www.lragir.am/index.php/eng/0/country/view/29767
There are already two inquiries about the origin of high-ranking
officials. Amnesty International has applied to the Ethics Commission
to find out whether the head of SRC has used his official powers to
enrich himself. And the Armenian National Congress has applied to
the Office of the Prosecutor General to check the lawfulness of the
source of Taron Margaryan's wealth.
Such issues are unprecedented in Armenia. Since the declaration of
independence and legalization of private property nobody in Armenia
has ever brought up the issue of legality of capital accrued in the
past two decades. It has been stated in press at a popular level but
no legal assessments have been made. Apparently, it is due to the
difficulties that a country with weak law enforcement may have while
trying to find out whether the capital is legal. At least because
the economy is inundated with corruption schemes. It is possible to
check the source of wealth of one official or another whereas everyone
should be checked.
In Armenia, privatization of state property and national wealth went
on savagely. At that time nobody could figure out why big companies
were sold without quoting, why some people received licenses for
exploiting the subsoil, why the economy is divided to quotas. Besides,
nobody knows the real amount of assets of Armenian rich people. Even
Forbes with its "respectable" ratings had to close in Armenia.
Now it is time for inventory. The country's leadership wants to count
how much everyone has, how much is recorded in the official book of
income. Besides, it is a good opportunity to remove those who do not
obey the new building system.
As a rule inventory ends with a disposal. If the legality of Gagik
Khachatryan's and Taron Margaryan's property is confirmed, they will
become the first legitimate official capitalists.
It is not ruled out to be a precedent for applying to the Office of
the Prosecutor General demanding to check the others as well.
Finally, property can be legalized in three ways: nationalization,
pardon on the condition of investing in the social sector or
redistribution - taking from one and giving to another. A chain of
grocery stores is closing already. Let's see who will get them.
Naira Hayrumyan 14:19 02/05/2013 Story from Lragir.am News:
http://www.lragir.am/index.php/eng/0/country/view/29767