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"Swindled" American-Armenian Businessman Urges President Sargsyan To

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  • "Swindled" American-Armenian Businessman Urges President Sargsyan To

    "SWINDLED" AMERICAN-ARMENIAN BUSINESSMAN URGES PRESIDENT SARGSYAN TO TAKE ACTION

    http://hetq.am/eng/news/4406/swindled-american-armenian-businessman-urges-president-sargsyan-to-take-action.html
    10:17, September 16, 2011

    Edmond Khudyan, a businessman from the United States, who says he's
    been swindled and cheated out of millions of dollars while engaging
    in commercial enterprises in Armenia, has written an open letter to
    President Serzh Sargsyan, calling on him to finally 'take the bull
    by the horns' and get to the bottom of his ongoing financial nightmare.

    In his letter, Mr. Khudyan calls on President Sargsyan to take long
    overdue measures to see that those complicit in the financial fraud
    and cover-up are exposed and punished.

    The businessman says he hopes President Sargsyan will get the process
    rolling before the Armenian head of state visits the United States
    to participate in commemorations marking the 20th anniversary of
    Armenia's independence.

    Mr. Khudyan reminds President Sargsyan that as recently as September
    14, at an independence event at Sardarabat, he spoke of the importance
    of the diaspora in the nation building process and the necessity for
    the rule of law.

    The businessman, who was born in Tehran and raised in Yerevan,
    laments the fact that his letters to the Ministry of the Diaspora,
    the RA Police or Ministry of Justice have either gone unanswered or
    given short shrift in terms of results.

    Mr. Khudyan also reminds President Sargsyan that none of his letters
    addressed to the RA Presidential Palace have ever been answered,
    which leads one to conclude that presidential staffers have kept the
    president in the dark.

    "In the Armenian language press in the U.S., the matter of my
    investments in Armenia has been widely covered and remains in the
    spotlight and a topic of conversation of many civic organizations,"
    Mr. Khudyan writes.

    Whether the above passage can be seen as a veiled threat to President
    Sargsyan, portending negative publicity during his U.S. trip, remains
    to be seen.

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