Haykakan Zhamanak: "After Selling It, The Government Now Wants To Au

HAYKAKAN ZHAMANAK: “AFTER SELLING IT, THE GOVERNMENT NOW WANTS TO AUCTION FOREIGN AFFAIRS BUILDING”

10:52, December 26, 2012

Here’s another astounding bit of news…if true.

Readers will remember that in October the Armenian government said
it had sold the building now housing the RA Ministry of Foreign
Affairs to the Argentine-Armenian businessman Eduardo Eurnekian’s
Tango Company for $52 million.

Now, according to the newspaper Haykakan Zhamanak, the government
has announced that the same building will be sold via auction.

The paper says that no news has been forthcoming regarding the
cancellation of the previous sale to Tango and rightly asks what’s
happened.

Haykakan Zhamanak hints that Eurnekian might have had second thoughts
about buying the buikding and his plans to turn it into a hotel.

The paper says that is more probable that Eurnekian wants to buy the
building via an auction so that he cannot be charges with buying it
at a cheap price.

Who is at fault, Eurnekian or the government?

The paper says that the starting bid is the original $52 million.

http://hetq.am/eng/news/21878/haykakan-zhamanak-after-selling-it-the-government-now-wants-to-auction-foreign-affairs-building.html