Rouben Hayrapetyan Received Back The Money Paid For Acquisition Of B

ROUBEN HAYRAPETYAN RECEIVED BACK THE MONEY PAID FOR ACQUISITION OF BJNI PLANT

ArmInfo
2009-04-03 11:31:00

ArmInfo. On the basis of the Administrative Court’s decision ,
the Judicial Acts Compulsory Enforcement Service (JACES) returned
the amount paid for acquisition of Bjni Mineral Water Plant to CJSC
Armenian Royal Cigarette, the JACES press-release says.

The Armenian Royal Cigarette owned by entrepreneur and MP Rouben
Hayrapetyan paid 4,4 bln AMD ($14,5 mln at the exchange rate at the
time of acquisition) for acquisition of the property and property
rights of Bjni Mineral Water Plant at an e-auction.

The Armenian authorities organized the sale of Bjni as tax claims worth
a total of 4.1 bln AMD were made against the company as a result of
tax audit.

However, the sale of the plant was connected with the political
persecution against its former owner Khachatur Sukiasyan, who openly
supported the oppositional nominee of the first president of Armenia
Levon Ter-Petrosyan during the Feb 28, 2008 presidential election.