Vanadzor Mayoral Race – Financials of the 5 Candidates

Vanadzor Mayoral Race – Financials of the 5 Candidates
Adrine Torosyan

hetq
11:44, August 21, 2012

The five candidates running for mayor of the northern Armenian town of
Vanadzor have all filed their financial disclosure statements. Let’s
take a look.

Karen Toumanyan – An independent and a lawyer who owns the Populex
Legal Services Company. His annual salary at the firm was 667,560 AMD.

Edik Karakhanyan – Prosperous Armenia Party. The former Deputy
Regional Governor had a salary of 2.5 million AMD. He also owns a 70%
share in a company called Edik Karakhanyan and Friends.

Samvel Darbinyan – Republican Party of Armenia. The current mayor of
Vanadzor who receives a salary of 2.4 million AMD. He also received
23.4 million AMD in dividends from his brother’s company Argishti 1.
(The company was granted the contract to repair the town’s roads)
Darbinyan cash assets amount to 105 million AMD.

Taron Apresyan – United Liberal National Party. Former branch manager
of Orange Armenia. Was paid 5 million AMD in wages at Orange. Received
1.7 million AMD in revenue from operated the Sanni City supermarket.
Declared cash holdings of 5 million AMD and $3,500.

Tigran Grigoryan – Independent. Received $787 in salary from
Rossotrudnichestvo (the Federal Agency for the Commonwealth of
Independent States). He declared 1.254 million AMD in cash.

Disclaimer: This article was contributed and translated into English by Kalantarian Kevo. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2012/08/21/vanadzor-mayoral-race-financials-of-the-5-candidates/