AMERICAN-ARMENIAN INVESTOR PLANS TO SUE ARMENIAN GOVERNMENT
Narek Aleksanyan

http://hetq.am/eng/news/20020/american-armenian-investor-plans-to-sue-armenian-government.html
15:20, October 30, 2012

American-Armenian businessman Edmond Khudyan, who claims he's been
swindled out of millions in a case involving his Arin Capital &
Investment Corporation, says he's planning to take the government of
Armenia to court.

Khudyan, in his statement, laments the fact that he has not been
able to pursue his legal case in Armenia's court system and that his
so-called business partners in Armenia are protected by top ranking
officials in government.

Deputy Minister of Diaspora Affairs Davit Karapetyan said during
a press conference regarding such cases that the ministry can only
afford free legal advice and has no jurisdiction to pursue such
matters in the courts.

He argued that according to the RA Constitution the courts are a
independent branch of the government.

Khudyan's attorney, Nikolai Baghdasaryan, responded to this statement
rhetorically. "The government allocates 1.366 million AMD to the
Chamber of Advocates and that amount has doubled so that such advice
will be again be provided to diaspora Armenians. So why is the Diaspora
Ministry conducting such work when professional lawyers are providing
the same?"

Edmond Khudyan, who participated in the interview via a video link-up,
declared that he had received no assistance from the Ministry and
that the Armenian court system was committing a crime by covering up
the case.

Lernik Hovhannisyan, another Khudyan lawyer, said there was no
information regarding what steps the investigative body working the
case had conducted during the past year.

"We know the people who should be charged. Company director Edward
Yesayan failed to pay some 139 million AMD in taxes. The developer Vlad
Mangasaryan has embezzled millions of dollars by forging Khudyan's
signature but he has yet to be charged," stated Hovhannisyan, adding
that it appears that the RA Prosecutor General has issued instructions
not to examine the case at all.




From: A. Papazian