Shengavit Court President’s Hefty Bank Account

SHENGAVIT COURT PRESIDENT’S HEFTY BANK ACCOUNT
Ruben Vardanyan

16:09, October 26, 2012

According to RA law, all judges, their spouses and dependent children,
must file annual financial disclosure statements.

Here’s what Sourik Kostanyan (President of the Shengavit District
Court) has officially declared.

Kostanyan has served as Shengavit president since January 2006. Before
this, he served as President of the Erebouni and Noubarashen Court.

In 2005, he declared 4,080,227 AMD in revenues; consisting of his
wages.

In 2011, he declared 9,078,639 AMD in revenues; consisting of his
salary and other payments.

At the start of 2011, Kostanyan had 16,500,000 AMD in bank deposits,
which increased to 20 million by year’s end. He also had $20,000
which remained unchanged.

His wife Arousyak declared a salary of 400,000 AMD in 2011 and 3
million AMD in the bank. She had an additional deposit of $3,000
which rose to $3,500 by year’s end.

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