20/06/2013 13:23
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.