Armenia’s senior officials money laundered in Seychelles – newspaper
April 06, 2013 | 06:31
YEREVAN. – Few people in Armenia know about Seychelles, but it appears
the latter play a quite serious role in Armenia’s economy, Zhoghovurd
daily reports.
`Zhoghovurd found out that they [that is, Seychelles] made a $23.6
million investment in Armenia. In addition, they invested close to
[$]3 million in crop and livestock, and [$]20.5 in telecommunication.
[But] in reality, those investing under the name of Seychelles are
Armenia’s senior officials that laundered their dirty money in
offshore Seychelles and brought [it] to Armenia.
To note, investments are made in telecommunication – that is, in the
domain of strategic importance – with money from offshore countries,’
Zhoghovurd writes.
Disclaimer: This article was contributed and translated into English by Kajoyan Gevork. 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/2013/04/07/armenias-senior-officials-money-laundered-in-seychelles-newspaper/