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Criminal Oligarchy Escapes From Armenia
The press reported that the ex-governor of Syunik Surik Khachatryan,
a.k.a. Liska, has had his family move from Armenia and he will stay
here alone for some business-related plans of his. Such news is heard
often. The representatives of the Armenian criminal oligarchic
circles, high-ranking officials are often reported to move their
families and money to the west.
According to Global Financial Integrity, illicit financial outflow
from Armenia in the past decade was over 6 billion dollars which is
twice the annual budget of Armenia. It is a fact that in Armenia only
high-ranking officials and their relatives have big capital which is
illicit.
The concentration of capital in Armenia has lasted for two decades,
and the end is not visible because the basic political and economic
rules are not enforced in Armenia. The laws regulating competition and
market relations are not enforced.
Instead, there are monopolies, illicit privileges etc which are very
well known to everyone. The groups that have usurped political power
have established the pattern of quotas, monopolies and racketeering.
The right to these is granted to those who service the smooth
operation of this system, i.e. officials, political parties, etc.
However, the threat of losing illicit capital and property has
increased. Besides internal circumstances, serious external factors
have added, beginning with change of elites and permanent
redistribution of property to capitulation deals with Russia.
The latter is especially interesting because the system, despite
looking for salvation and guarantees of security in Russia, mostly
trusts its capital to the West. Apparently, there are and there can be
no guarantees of security.
Are there guarantees in the West? At least, the billions will feed the
Western economies and be the `ransom' for the Armenian criminal
oligarchy.
Is it possible to return stolen billions to the country? Is it
possible that ransom is needed in the homeland?
Liska has stayed to run what business? What has he left half-done?
Where would he be if Armenia had a regulated economic and political
environment?
Haikazn Ghahriyan,Editor-in-Chief
17:08 11/01/2014
Story from Lragir.am News:
http://www.lragir.am/index/eng/0/comments/view/31704
From: Baghdasarian
The press reported that the ex-governor of Syunik Surik Khachatryan,
a.k.a. Liska, has had his family move from Armenia and he will stay
here alone for some business-related plans of his. Such news is heard
often. The representatives of the Armenian criminal oligarchic
circles, high-ranking officials are often reported to move their
families and money to the west.
According to Global Financial Integrity, illicit financial outflow
from Armenia in the past decade was over 6 billion dollars which is
twice the annual budget of Armenia. It is a fact that in Armenia only
high-ranking officials and their relatives have big capital which is
illicit.
The concentration of capital in Armenia has lasted for two decades,
and the end is not visible because the basic political and economic
rules are not enforced in Armenia. The laws regulating competition and
market relations are not enforced.
Instead, there are monopolies, illicit privileges etc which are very
well known to everyone. The groups that have usurped political power
have established the pattern of quotas, monopolies and racketeering.
The right to these is granted to those who service the smooth
operation of this system, i.e. officials, political parties, etc.
However, the threat of losing illicit capital and property has
increased. Besides internal circumstances, serious external factors
have added, beginning with change of elites and permanent
redistribution of property to capitulation deals with Russia.
The latter is especially interesting because the system, despite
looking for salvation and guarantees of security in Russia, mostly
trusts its capital to the West. Apparently, there are and there can be
no guarantees of security.
Are there guarantees in the West? At least, the billions will feed the
Western economies and be the `ransom' for the Armenian criminal
oligarchy.
Is it possible to return stolen billions to the country? Is it
possible that ransom is needed in the homeland?
Liska has stayed to run what business? What has he left half-done?
Where would he be if Armenia had a regulated economic and political
environment?
Haikazn Ghahriyan,Editor-in-Chief
17:08 11/01/2014
Story from Lragir.am News:
http://www.lragir.am/index/eng/0/comments/view/31704
From: Baghdasarian