Friday, August 10, 2012

MP Grigoryan: 1 Billion AMD in Cash and Counting...

12:41, August 10, 2012

Arayik Grigoryan is one of the many MPs in the National Assembly who's never made a speech from the podium during his time in office.

Despite his inaction, he was re-elected MP from Ararat Marz during the recent May elections.

I researched Grigoryan's financial disclosure statements and came up with the following;

For the year March 1, 2011 to March 1, 2012, Grigoryan declared 146.9 million AMD in revenue.

3.1 million derives from his salary as an MP; 90.5 million from his shares in the Avshar Wine Factory, and 53.2 million from the sale of agricultural produce by the same factory.

As of March 1, 2012, Grigoryan declared cash holdings of 1.2 billion AMD.

Armenian News

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