Former minister received big loan for Nairit plant

Hraparak: Former minister received big loan for Nairit plant

12:11 07/02/2015 >> DAILY PRESS

Armenia’s former Minister of Energy and Natural Resources Armen
Movsisyan had received a big loan for the relaunch of Nairit chemical
plant. That sum, however, was misused, Hraparak reports, citing
sources.

“The loan, amounting to about 200 million drams, was wasted without an
audit. Attempts are being made again to get a loan, but this prospect
is unlikely,” the newspaper says.

http://www.panorama.am/en/society/2015/02/07/hraparak/