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This Unassuming MP has "Oligarchic-Sized" Assets

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  • This Unassuming MP has "Oligarchic-Sized" Assets

    This Unassuming MP has "Oligarchic-Sized"Assets
    Grisha Balasanyan

    http://hetq.am/eng/articles/21477/this-unassuming-mp-has-oligarchic-sizedassets.html
    14:40, December 12, 2012

    Republican Party MP Artak Davtyan is an unassuming politician who
    heads the parliament's Standing Committee on Education, Science, Youth
    Affairs and Sports.

    While he may not exhibit the ostentatious trimmings of your
    run-of-the-mill oligarch/legislator, Davtyan is no slouch when it
    comes to financial resources.

    His 2011 financial disclosure shows a mere 3.8 million AMD in revenue;
    all salary.

    Now to his assets. At the start of the year, Davtyan had cash deposits
    of 5 million AMD and $1,160,000. At year's end, this dropped to 3
    million AMD and $60,000.

    Davtyan's wife, Anahit Gabrielyan, declared 119.2 million AMD in
    revenues for 2011. She also had $100,000 in the bank.

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