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Wife of Public Services Regulatory Commission Prez Declares $300,000

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  • Wife of Public Services Regulatory Commission Prez Declares $300,000

    Wife of Public Services Regulatory Commission Prez Declares $300,000 in Cash
    Grisha Balasanyan

    http://hetq.am/eng/articles/23293/wife-of-public-services-regulatory-commission-prez-declares-$300000-in-cash.html
    14:19, February 13, 2013

    Robert Nazaryan has headed Armenia’s Public Services Regulatory
    Commission since 2003.

    As such, he basically gives the green light to proposed rate hikes for
    utilities like electricity, gas and water. These rates never seem to
    come down.

    He officially declared 8,435,756 AMD and $8,300 in revenue for 2012.

    At the start of 2012, he had 11 million AMD and $112,000 in the bank.
    By the end of the year, only 12 million AMD remained.

    His wife Svetlana Kharatyan declared $24,500 in revenue for 2012. The
    amount was interest income.

    She also had 2 million AMD and $300,000 in cash holdings last year.

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