Newspaper: Head of Armenian President's Supervisory Service "presents" his relatives with elite apartments

• Thursday, August 16, 17:45

Head of the Armenian President's Supervisory Service Hovhanness Hovsepyan has found himself in the center of a "housing scandal." Zhoghovurd newspaper writes that Hovsepyan keeps "presenting" his relatives with elite apartments in the city center.

The official has already "presented" his relatives with over 20 apartments with vehicle sheds in the elite building on Arami Street 72-80.

To recall, in May 2012 50 owners of the apartments in Arami Street 72-80 and Yerkmalyan Street 1-3, as well as 48 builders of the elite buildings in the above streets went on a hunger strike in front of the president's residence. They were protesting against illegal, as they say, actions of Gabbnakaran Company engaged in construction of elite buildings located in the above addresses. The protesters said that the company resold their apartments, while the right to ownership belongs to them. As for the builders, they were protesting against delay of their wages for several months. Sonik Margaryan,
Head of the Initiative Group to protect the rights of the apartment owners, told lragir.am that a special commission set up at the government to study the given issue was idling. She said that the owners launched independent inquiry and found out that Hovhanness Hovsepyan is concerned in the story with their apartments. Hovsepyan misappropriated 24 apartments in the amount of $5 million in total and did not pay a penny.

As a result, the bankrupt head of Gabbnakaran Company Gagik Papoyan was arrested. However, the initial owners of the apartment do not blame Papoyan "as like them he is also a victim to the system."