July 20, 2026
Artur Danielyan, founder of Adekvat Congregation he writes on his Facebook page. “According to the plan, the state property management committee was supposed to sell 5 billion drams worth of state property in the first half of the year. Roughly speaking, he would have to sell property, including and first of all the properties returned by Pashinyan “penny by penny”. The property should be seized, sold, and the money brought to the budget. Let’s put aside the seizure, the volume of the seizure and the fact that the law enforcement officers spent more on the seizure than the value of the seized property. Can you guess how much money went into the budget from property expropriation? Hard to do. The number is zero. Exactly zero. Around 5 billion were planned for the semester, they made around zero. The picture of the past eight years is not much different from this indicator.
There are several reasons, the main of which is that there is no one who wants it. And the problem is not that Pashinyan attributes some unimaginable market values to it after taking away that property, in practice people are not ready to buy that property even significantly cheaper than the market price.
And people are not ready because they know very well how that property was taken. They are caught in the trap that tomorrow, if not the old owner, then a new official will come after that property, who will claim that it was taken illegally.
For example, Araratcement was seized, claiming that the factory sold cement with cash, which is true by the way. But that truth has a continuation: the cement with cash was sold to the builder who can afford to build a building with cash, and that is without exception the government bribers in all cases. In the morning they go to work, fight against corruption with a brave face, and in the afternoon they build a yukya district with money of unknown origin.
And since they can’t put the money in the bank, so that they don’t declare what they do, they do it in cash. It is natural that the taxman will never reveal to whom that cement was sold for cash.
Now imagine a conventional person named Nalbandyan Narek appears and buys Araratcement. Suppose a year passes and the government changes in the country. According to you, what will be the situation of that “good faith” buyer… The owner will come after every stolen property, the owner will come, the boy will be one of the bullies. And any next normal government will stand on its back. This is the basis of economics.
Not to mention that there are a lot of such properties under the management of the state property, which have been raskulachit for a long time during these years before being put up for auction.
There is no field where these have not been hacked. And they dug so much that even if the state is saved by some miracle, it will have to be cleaned with shovels for decades, and the big question is what will remain under it…”.
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