Arminfo.info



 Wednesday, May 27 2015 14:36

Степанян Դավիթ Stepanyan Ստեփանյան David Давид

USD 5bn government debt is no obstacle to Armenian officials' car appetites

USD 5bn government debt is no obstacle to Armenian officials

 The 5 billion USD government debt is obviously no obstacle to the Armenian officials' car appetites and choices.  

According to ArmInfo's sources in Toyota Yerevan Company, which represents the Toyota and Lexus brands, the Armenian officials' main purchases at the expense of the state budget are largely done in Toyota Yerevan. The reasons are clear and on the surface - "Toyota Yerevan" indirectly belongs to Sedrak Kocharyan, the son of the second president of Armenia Robert Kocharyan. 

It is noteworthy that the state structures' annual purchases at the expense of the state budget from Toyota Yerevan alone total about 100 cars. The peak of the purchases (90%) falls on December. We would be brave to suppose that the December growth in the officials' car appetites is also based on the aspiration to "sweep clean" the balances of their state structures' budgets.   

In December 2013, the National Assembly of Armenia acquired over 10 Toyot  Camry cars for the heads of parliamentary commissions, factions and the vice speakers. The average price of such a car is $34,000.  The President's Administration acquired five Toyota Prado cars. The price was at least $50,000.

The State Revenue Committee that was later included in the Finance Ministry headed by "Superminister" Gagik Khachatryan, was a record-holder. According to our source, the given structure annually buys dozens of Toyota Corolla cars at the expense of the taxpayers. The cheapest Toyota Corolla costs $24,000.  In 2014, the structure acquired two Toyota Prados worth a total of $112,000. Naturally, almost all the new car acquisitions of the Finance Ministry fall on December. 

One more noteworthy point is that the Finance Ministry does not take the Toyota Corollas for months. The Ministry conscientiously pays for the cars, registers them, and pays for the vehicle inspection and for the motor third party liability insurance policies. Afterwards, the cars remain in the company's warehouses for months. The most absurd thing about this was that a tax inspector took and official car in 2015, whereas it was bought in 2013.        

The Yerevan Municipality officials' appetites are not that big, unlike that of Yerevan Mayor Taron Margaryan. For instance, on the next day after the Erebuni-Yerevan celebrations, a Lexus LS 600 HL, the most expensive car in the Armenian representation, was bought in the name of the head of the Yerevan Municipality's Security Service. The car costs $200,000. Minister of Transport and Communication Gagik Beglaryan also bought such a car (in his own name though). Cash funds were paid for both cars. 
The nephew of Armenian Prime Minister Hovik Abrahamyan also pays regular visits to Toyota Armenia.  The young man acquires various cars once or twice a month. He pays for the cars with a Unibank credit card and registers them in different people's names. The mechanisms in these manipulations are anybody's guess. 
It remains for us to add that following the scandal initiated by ArmInfo in 2011 over the acquisition of 7 cars worth a total of $309,000 from the same Toyota Armenia company by the Mother See of Holy Etchmiadzin, the Mother See not only failed to buy a single car but also refused the vehicle inspection, even the warranty one. 
It is no coincidence, therefore, that state officials suggest imposing even bigger taxes on the Armenian business, which is in desperate condition, by toughening the tax administration and ensuring a luxurious life for themselves, with the cars being just a small element of that luxury.

POST A COMMENT
Input digits     

News
Contract serviceman injured in demining operations in TavushContract serviceman injured in demining operations in Tavush
Armenia today is in a particularly difficult situation and deserves  attention more than ever before - Jean-Luc MelenchonArmenia today is in a particularly difficult situation and deserves  attention more than ever before - Jean-Luc Melenchon
Driver blocks one of Yerevan`s tangled roadsDriver blocks one of Yerevan`s tangled roads
France is ready to expand framework of interaction with Armenia -  DevinazFrance is ready to expand framework of interaction with Armenia -  Devinaz
Ruben Vardanyan`s family persuaded him to stop his hunger strikeRuben Vardanyan`s family persuaded him to stop his hunger strike
20 border pillars have already been installed on Armenia-Azerbaijan  border 20 border pillars have already been installed on Armenia-Azerbaijan  border 
Freedom of speech is not highly valued in `bastion` of democracy: 7  people detained due to incident involving Premier`s wife in  TsitsernakaberdFreedom of speech is not highly valued in `bastion` of democracy: 7  people detained due to incident involving Premier`s wife in  Tsitsernakaberd
Armenia`s Parliament Speaker has not yet received letters from his  Federation Council partners Armenia`s Parliament Speaker has not yet received letters from his  Federation Council partners 
Current situation in region brings new challenges for both Armenia  and Syria - SpeakerCurrent situation in region brings new challenges for both Armenia  and Syria - Speaker
European Parliament: human rights violations in Azerbaijan are  incompatible with country`s preparations to host COP29European Parliament: human rights violations in Azerbaijan are  incompatible with country`s preparations to host COP29
"We are waiting!", Russian side expects Pashinyan`s participation in  EAEU summit
Protests in Armenia: roads, streets are closed; police use  disproportionate force to detain citizensProtests in Armenia: roads, streets are closed; police use  disproportionate force to detain citizens
Legitimate borders are very the guarantee of security that is talked  about a lot - RA NA SpeakerLegitimate borders are very the guarantee of security that is talked  about a lot - RA NA Speaker
Zakharova: How should CSTO actually act when Armenian leadership  itself decided to transfer several settlements to Azerbaijan?Zakharova: How should CSTO actually act when Armenian leadership  itself decided to transfer several settlements to Azerbaijan?
Vladimir Vardanyan: it is important to develop Armenian-French  cooperation at regional and local levelsVladimir Vardanyan: it is important to develop Armenian-French  cooperation at regional and local levels
Yeghishe Kirakosyan: European Court,UN Security Council have never  considered Armenia aggressor or occupierYeghishe Kirakosyan: European Court,UN Security Council have never  considered Armenia aggressor or occupier
Zakharova considers reports about recognition of Artsakh as part of  Azerbaijan back in 2020 by Russian President `shameless lie` and  `falsehoods`Zakharova considers reports about recognition of Artsakh as part of  Azerbaijan back in 2020 by Russian President `shameless lie` and  `falsehoods`
Political analyst:  only way to change situation in Armenia is  extraordinary parliamentary electionsPolitical analyst:  only way to change situation in Armenia is  extraordinary parliamentary elections
U.S. welcomes border delimitation process between Armenia-AzerbaijanU.S. welcomes border delimitation process between Armenia-Azerbaijan
If left without international support, the Armenian Genocide of 1915  will be finalized in the coming weeks and months - Robert F. KennedyIf left without international support, the Armenian Genocide of 1915  will be finalized in the coming weeks and months - Robert F. Kennedy
Those consigning Armenian Genocide to oblivion will not digest it -  Robert Kocharyan Those consigning Armenian Genocide to oblivion will not digest it -  Robert Kocharyan 
Russian pianist Ilya Ramlav to perform in Yerevan Russian pianist Ilya Ramlav to perform in Yerevan 
Armenia`s authorities plan demining of section near Kirants bridge Armenia`s authorities plan demining of section near Kirants bridge 
Situation in Tavush remains tenseSituation in Tavush remains tense
Armenia plans to open consulate general in TabrizArmenia plans to open consulate general in Tabriz
Summer conscription starts in Armenia Summer conscription starts in Armenia 
Armenia`s government proposes reviewing procedure for admission to  higher schoolsArmenia`s government proposes reviewing procedure for admission to  higher schools
Children in Tavush have been forced to fight for their safety -  expert Children in Tavush have been forced to fight for their safety -  expert 
French PM makes speech on 109th anniversary of the Armenian GenocideFrench PM makes speech on 109th anniversary of the Armenian Genocide
Six Combat Brotherhood members released Six Combat Brotherhood members released 
Actions of disobedience start in Armenia Actions of disobedience start in Armenia 
Protest rally calling for unity against Nikol Pashinyan taking place on Yerevan Republic Square Protest rally calling for unity against Nikol Pashinyan taking place on Yerevan Republic Square 
On April 23, commemoration ceremony to 109th anniversary of Armenian Genocide held at  House of Representatives of UruguayOn April 23, commemoration ceremony to 109th anniversary of Armenian Genocide held at  House of Representatives of Uruguay
British MP calls on Israeli officials to respond to attacks on Christians in Jerusalem`s Armenian QuarterBritish MP calls on Israeli officials to respond to attacks on Christians in Jerusalem`s Armenian Quarter
President of Greece: Victims of Armenian Genocide must never be forgottenPresident of Greece: Victims of Armenian Genocide must never be forgotten
Nikos Dendias: Recognition of historical truth is necessary to avoid repeating crimes against humanityNikos Dendias: Recognition of historical truth is necessary to avoid repeating crimes against humanity
Turkish Foreign Ministry continues its policy of denying  Armenian Genocide in Ottoman EmpireTurkish Foreign Ministry continues its policy of denying  Armenian Genocide in Ottoman Empire
Russian Embassy: We mourn together with Armenian peopleRussian Embassy: We mourn together with Armenian people
Abkhazia`s Leader: Today we mourn together with  Armenian peopleAbkhazia`s Leader: Today we mourn together with  Armenian people
Support for Armenian prisoners held illegally in Baku prison: March to TsitsernakaberdSupport for Armenian prisoners held illegally in Baku prison: March to Tsitsernakaberd
`We renew our pledge to never forget` -Joe Biden on Armenian Genocide in  Ottoman Empire`We renew our pledge to never forget` -Joe Biden on Armenian Genocide in  Ottoman Empire
Turkish Peoples` Equality and Democracy Party issues statement on  109th anniversary of Armenian GenocideTurkish Peoples` Equality and Democracy Party issues statement on  109th anniversary of Armenian Genocide
Ruben Vardanyan: Ruben Vardanyan: "Now I understand that principles and values are  much more important than life"
Syrian Parliament delegation came to support Armenia on day of  remembrance of holy martyrs of Armenian GenocideSyrian Parliament delegation came to support Armenia on day of  remembrance of holy martyrs of Armenian Genocide
Jonathan Lacote calls for being on side of memory, truth and justice  regarding Armenian GenocideJonathan Lacote calls for being on side of memory, truth and justice  regarding Armenian Genocide
Pan-Turan movement forming aimed to strangle Armenia - Aram IPan-Turan movement forming aimed to strangle Armenia - Aram I
Armenia`s foreign office issues statement on 109th anniversary of Armenian GenocideArmenia`s foreign office issues statement on 109th anniversary of Armenian Genocide
French president calls for remembering Armenian Genocide French president calls for remembering Armenian Genocide
In 2000, 126 scholars confirmed Armenian Genocide and called on  western democracies to recognize it In 2000, 126 scholars confirmed Armenian Genocide and called on western democracies to recognize it
Armenian-Bulgarian Cultural and Information Center opens in VarnaArmenian-Bulgarian Cultural and Information Center opens in Varna
Armenian authorities obviously intend to satisfy Turkey`s demands  regarding the Armenian Genocide - expert Armenian authorities obviously intend to satisfy Turkey`s demands  regarding the Armenian Genocide - expert 
It`s time to step up to prevent massacres of future - Noubar AfeyanIt`s time to step up to prevent massacres of future - Noubar Afeyan
Balance of forces may change in South Caucasus in case of Armenia`s  withdrawal from CSTO - Imangali TasmagambetovBalance of forces may change in South Caucasus in case of Armenia`s withdrawal from CSTO - Imangali Tasmagambetov
Armenian premier addresses message on 109th anniversary of the  Armenian GenocideArmenian premier addresses message on 109th anniversary of the  Armenian Genocide
Do not confuse cowardice with courage - Karekin IIDo not confuse cowardice with courage - Karekin II
Armenian Security Council Sec not to take part in 12th International  Meeting of High Representatives for Security IssuesArmenian Security Council Sec not to take part in 12th International Meeting of High Representatives for Security Issues
Anyone who renounces lands of Motherland must be cursed and condemned  like fratricide CainAnyone who renounces lands of Motherland must be cursed and condemned  like fratricide Cain
Issue of Armenian Genocide is non-negotiable - neither on  international arena, nor in Armenia itself - Serzh SargsyanIssue of Armenian Genocide is non-negotiable - neither on international arena, nor in Armenia itself - Serzh Sargsyan
Armenia`s Human Rights Defender demands official explanations for  declaring French-Armenian journalist Leo Nicolian persona non grata  Armenia`s Human Rights Defender demands official explanations for  declaring French-Armenian journalist Leo Nicolian persona non grata  
Armenians commemorating victims of Armenian Genocide in Ottoman  Empire Armenians commemorating victims of Armenian Genocide in Ottoman  Empire 
Read more



Commented