07/02/2015 11:24
Hraparak: Loan for Nairit Plant spent improperly
‘Hraparak’ paper writes citing its sources that Armen Movsisyan, an ex-minister of energy and natural resources of Armenia, received a large loan for re-launching Nairit Plant, but the sum was spent improperly.
“A loan of about 200 million drams was spent without an audit. Attempts are now being made to get another loan, but they are unlikely to succeed,” the paper writes.