Gloomy Past and Obscure Future of Dvin Hotel

A1 Plus | 17:04:42 | 08-10-2004 | Social

GLOOMY PAST AND OBSCURE FUTURE OF DVIN HOTEL

Andreas Ghukasyan, a representative of Yerevan’s Dvin Hotel new owner
Caucasus Communications Group company, speaking at a news conference on
Friday, said it had become clear after intense scrutiny that a part of a
half-million debt accumulated for years and now inherited by the company are
groundless and confirmed by forged papers. Some of the papers are declared
invalid by court.

Ghukasyan neither confirmed nor denied rumors that the hotel belongs to
Russian popular singer Iosif Kobzon.

He promised journalists to reveal some secret facts connected with the
hotel.

It is worth to be noted that there were many dark and ominous circumstances
surrounding the hotel, such as the murder of the former lessee with
privatization right. He had been killed in Moscow. After his murder, the
government sold the hotel at $3 million.