Defense Ministry Spokesman Unaware Of How SCC Is Used

Emil Lazarian News

DEFENSE MINISTRY SPOKESMAN UNAWARE OF HOW SCC IS USED

Since 2012 Armenia’s Defense Ministry has held 75% of the shares of
the Karen Demirchian Sport and Concert Complex (SCC) CJSC in Yerevan,
according to “Zhoghovurd”.

“The fact is that one of the brothers – co-owners of BAMO Company
owning the Yerevan SCC had pledged SCC shares to take out a loan of
$20 million from the Armenian government. He didn’t repay the loan
and the Armenian government had to transfer shares to the Defense
Ministry,” the paper says.

“Zhoghovurd” asked the Defense Ministry spokesman Artsrun Hovhannisian
how the SCC is used and for what purpose. By tradition, the spokesman
declined to comment.

20.06.2013, 13:23

From: Emil Lazarian | Ararat NewsPress

http://www.aysor.am/en/news/2013/06/20/zhoghovurd5/

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Direct link to this article: https://www.armenianclub.com/2013/06/21/defense-ministry-spokesman-unaware-of-how-scc-is-used/

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