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Armenian Deputy Prosecutor Gets $66K Apt For Free At Taxpayer Expens

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  • Armenian Deputy Prosecutor Gets $66K Apt For Free At Taxpayer Expens

    ARMENIAN DEPUTY PROSECUTOR GETS $66K APT FOR FREE AT TAXPAYER EXPENSE

    Grisha Balasanyan

    12:39, February 16, 2015

    On October 2, 2014, in a reversal of its former decision, the Armenian
    government allocated 754.8 million AMD (US$1.58 million) to upgrade
    the housing of various government employees.

    52.4 million dram was earmarked for those working for the country's
    Prosecutor General.

    A day later, a 118.55 square meter apartment, worth 31.6 million AMD
    ($66,000) in a new Yerevan building was purchased for Emil Babayan,
    a deputy prosecutor general.

    The purchase was on the basis of a decision taken by Prosecutor
    General Gevorg Kostanyan.

    A 20.8 million AMD ($43,400) apartment in the same building was
    purchased for Souren Khachatryan, a senior prosecutor at the Prosecutor
    General's Office.

    These apartments were allocated as private property to the employees.

    They were purchased from a company called Mikmetal Ltd., 75% of the
    shares of which were owned in 2012 by an offshore concern called
    Margo Holdings Ltd.

    According to a financial disclosure statement filed by Emil Babayan,
    when he assumed his post at the prosecutor general's office he already
    had an apartment

    So why did Babayan get another apartment for free, at taxpayers'
    expense, in a brand new building?

    Hetq has sent two separate inquiries to the prosecutor general in the
    past two months seeking an answer. We have yet to hear back from them.

    Chief of staff of the Armenian government Davit Harutyunyan, in a
    reply to our inquiry, explained that the government will continue
    its policy of investing in social programs designed to make civil
    service jobs that much more appealing and that resources from the
    reserve fund are being used towards this end.

    http://hetq.am/eng/news/58546/armenian-deputy-prosecutor-gets-$66k-apt-for-free-at-taxpayer-expense.html

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