Armenian Entrepreneur Learns Details Of Diamond Business In Africa –

ARMENIAN ENTREPRENEUR LEARNS DETAILS OF DIAMOND BUSINESS IN AFRICA – NEWSPAPER

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September 14, 2012 | 07:53

YEREVAN. – Armenian businessman Paylak Hayrapetyan left for Sierra
Leone to get acquainted with the details of the well-known diamond
business on location, Hayatsk daily reports.

“According to his announcement, Hayrapetyan ‘lost’ $12 million when
starting a joint business with businessman Ashot Sukiasyan.

According to our sources, Hayrapetyan was on location, and he became
convinced that a considerable portion of his money was truly invested
in the diamond business-in any case, the areas of the mines were
leased-but activities are not being carried out in thousands of
hectares, due to unfavorable [weather] conditions, as it is the
monsoon season,” Hayatsk writes.

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