Kocharyan says ready to unveil his real income, its sources

Panorama, Armenia
Sept 13 2018

Armenia’s second President Robert Kocharyan said he is ready to reveal the exact numbers and sources of his income in an exclusive interview to Mediamax, as he dismisses reports about possessing $4 billion worth property as ‘absurd’. 

“Yes, of course. There are two ongoing journalistic investigations and I think their results will be published soon. I believe the Armenian authorities are well aware of what my family have and do not have. But the paradox is that the legend of $4 billion is damaging my reputation while being complete nonsense,” he said in response to the reporter’s observation whether he is ready to unveil his real income and its sources.   

Asked whether he considers himself a rich man, Kocharyan said: “If we assess the financial capacities of my family, I think there are about two hundred families in Armenia with the same income range.”

The ex-president added it also covers the businesses of his sons. He also refuted the claims that his elder son holds a monopoly on mobile phone imports to Armenia as a ‘total absurd’.     

Disclaimer: This article was contributed and translated into English by Emil Lazarian. 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/2018/09/14/kocharyan-says-ready-to-unveil-his-real-income-its-sources/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS