02/06/2014 16:26
Yerevan SCC put up for auction again
The Sports and Concert Complex of Yerevan (SCC) was again put up for auction. This time the starting price of SCC is 17 billion 415 million drams, according to the website of the Service for Compulsory Enforcement of Judicial Acts.
There were no buyers at the previous auction so the starting price of SCC has been lowered by 10% - it was earlier set at 19bn 350m drams at the first auction.
SCC is the object of a pledge. It belongs to Moscow-based BAMO Company owned by the Muradyan brothers. One of them, Murad Myradyan, is Armenian ambassador to Iraq.