Final instruction necessary regarding donation process of Armen Avetisyan’s and Manvel Grigoryan’s property

The State Property Management Committee is waiting for the final instruction over donation of Armen Avetisyan’s and Manvel Grigoryan’s property.

“First the law enforcers are to express their position after which the government will give instructions and the process will start,” chairman of the Committee Narek Babayan said after the cabinet sitting today.

“As to concrete Golden Palace hotel we are working out procedures after which a corresponding bill will be prepared, circulated and after getting positive conclusion will be submitted to the government and the decision on accepting the donation will be made. After it notary procedures will follow after completion of which it will be considered state property,” Babayan said.

He said before the donation the conclusion of the law enforcement body, implementing the proceeding, is necessary.

“It is not excluded that the property has been acquired illegally and it will not be right to accept it. On the other hand, the government makes a decision to consider or not the conclusion,” he said.

Babayan noted that if the property has been acquired illegally more probably it will be seized.

“In such a case it is not logical to accept such gift but on the other hand it would have been much more effective to accept it as a gift now, than wait for the end of judicial process in a year or more,” Babayan said.