Marat Terterov: Armenia’s long term security will be better served by strengthening economic security, rather than defining national security on the basis of the Tsarist Russian catch-cry “armiya i flot”
A well organized criminal group has been functioning in all the power structures of Armenia which has been making attempts to withdraw businessmen of Diaspora from the market, one of the businessmen of the Armenian Diaspora of the USA, Edmond Khudyan, which has been trying to restore justice for 18 months, voiced at today's video-conference.
He invested millions in the construction at Mashtots Avenue in the center of Yerevan through his own company "Arin Capital". All his attempts to settle the problem via the executive power and court failed. A group of people pocketed the real estate that costs $8,5
mln and belongs to his investment company "Arin Capital". The total of $1,5 mln from the above mentioned sum should be paid to the state like taxes. So that to stop tax avoidance by these people and purposeful leading the company to bankruptcy, in November 2010 Khudyan applied to chairman of State Revenues Committee, Gagik Khachatryan, and hoped that the state structure will file a lawsuit. The lawsuit was filed in May 2011. Khudyan said that he means the crimes committed by a group of professionals which has been still acting under the patronage of high-rank officials.
In particular, he means President Serzh Sargsyan's brother Levon Sargsyan, which is first of all blamed for all the problems of Khudyan, as just Levon Sargsyan organized holding of audit in the company. Meanwhile, the construction work goes on and has been
implemented by an unknown company. "All my applications to various structures, including Diaspora Ministry, gave no result. Actually, I
should say about bad work of Diaspora Ministry", - Khudyan said.