12/11/2014 11:00
Haykakan Zhamanak: Samvel Karapetyan plans to buy ArmBusinessBank
Russia-based Armenian businessman, Tashir Group’s owner Samvel Karapetyan expressed an intention to buy ArmBusinessBank, ‘Haykakan Zhamanak’ daily writes citing sources. The deal’s details are still unknown.
“Problems arose in ArmBusinessBank in 2013. Audits revealed embezzlement of a particularly large size, followed by arrests. The former chairman of the bank’s board, Ara Kirakosyan, was among those detained,” the newspaper says.