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IRAVUNQ: AUDITING REVEALS EURO 11M LOSS IN ARMENIAN BANK
10:10 * 11.02.14
A recent auditing in Armbusinessbank has revealed a loss of 11 million
Euros, the paper has learned.
The auditing was reportedly conducted upon the initiative of an
influential Russian-Armenian businessman who is the brother of
Hovhannes Hovsepyan, the head of the Presidential Administration's
Oversight Service. Earlier reportssaid that the man had plans to
purchase the bank.
A subsequent probe revealed links between the lost money and a senior
security official, according to the paper.
Romik Harutyunyan, a deputy head of the National Security Service
(NSS), was sacked shortly after. But it might have been even worse,
says the paper, as there was initially an order to detain him. But
a motion submitted by the NSS director saved the situation, adds
the paper.
Armenian News - Tert.am
10:10 * 11.02.14
A recent auditing in Armbusinessbank has revealed a loss of 11 million
Euros, the paper has learned.
The auditing was reportedly conducted upon the initiative of an
influential Russian-Armenian businessman who is the brother of
Hovhannes Hovsepyan, the head of the Presidential Administration's
Oversight Service. Earlier reportssaid that the man had plans to
purchase the bank.
A subsequent probe revealed links between the lost money and a senior
security official, according to the paper.
Romik Harutyunyan, a deputy head of the National Security Service
(NSS), was sacked shortly after. But it might have been even worse,
says the paper, as there was initially an order to detain him. But
a motion submitted by the NSS director saved the situation, adds
the paper.
Armenian News - Tert.am