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Corruption - The National Brand Of Armenia

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  • Corruption - The National Brand Of Armenia

    CORRUPTION - THE NATIONAL BRAND OF ARMENIA

    Vestnik Kavkaza, Russia
    May 29 2014

    29 May 2014 - 10:25am

    By David Stepanyan, Yerevan. Exclusively for Vestnik Kavkaza

    5 of the 20 richest people in Armenia have joined the new government.

    Prime Minister Ovik Abramyan and Minister for Finance Gagik Khachatryan
    are two of the three leaders whose relatives own about half of the
    country, according to a statement by Nikol Pashinyan, who wants to
    lay bare the wounds of the Armenian economy.

    In his words, Abramyan became one of the richest people in Armenia by
    being a high-ranking politician in the past 20 years, not because of
    his financial genius. Thousands of hectares of cultivated land, gas
    and gasoline stations, hotels, factories, mansions - no matter which
    building of Yerevan city center you stand by, it turns out that two
    of its floors belong to the prime minister. Ovik Abramyan, being the
    minister for territorial management, was coordinating agriculture and
    received millions of dollars from agricultural products while thousands
    of farmers were being strangled by loans and leaving the country.

    Pashinyan named David Arutyunyan as head of the Government Office and
    Karen Chshmarityan as Minister for Economy among the billionaires. "In
    these conditions, talking about the fight against "the shadow" in the
    economy is pointless. The government program notes the importance of
    forming a national brand. It does not exist, because the authorities
    have such a government headed by Serzh Sargsyan that the only brand
    Armenia can have is corruption," said that lawmaker.

    Abramyan responded to the accusations at a session of the ruling
    Republican Party, stating that there was no information about ministers
    engaged in business. He promised to check whether their relatives
    owning businesses pay taxes.

    The prime minister said that Samvel Aleksanyan (Lfik Samo), one of the
    key monopolists of Armenian imports, a member of the Republican Party,
    has promised to work according to the tax law from now one. However,
    Abramyan admitted that Lfik had promised to work "legally" only on
    condition that all companies do the same.

    Abramyan declared an ultimatum to large-scale business, stating that
    "corresponding measures would be taken," unless the entrepreneur
    starts following tax rules. The statement was especially shocking,
    considering that it was made by a man who owns half of Ararat Province.

    Another gag came from "the superminister", Minister for Finance Gagik
    Khachatryan, who accused journalists of making Armenia unattractive
    for investments with their "senseless articles impeding realization of
    government programs, denting the confidence of small and medium-scale
    business in the executive authorities." Khachatryan is confident that
    many countries are very impressed with the experience of Armenia and
    demand assistance in implementing it. It is clear that Khachatryan
    did not specify the countries.

    In 2013, Armenia spent $861 million to service the government debt. In
    2020 Armenia will need over a billion dollars for the same purpose.

    Pashinyan is adamant that such postponement of debt payments is a clear
    sign that the authorities rule the country following the principle
    "after us, the deluge."

    http://vestnikkavkaza.net/analysis/economy/55817.html



    From: Emil Lazarian | Ararat NewsPress
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