8 Million Dram Watch and 35 Thousand Dollars: Armen Kotołyan's Declaration

The head of the State Supervisory Service of the Armenian Government, Armen Kotołyan, submitted his property and income declaration to the Ethics Commission for High-Ranking Officials on October 8, 2018, shortly after taking office.

Kotołyan declared a luxury wristwatch valued at over 8 million drams as part of his expensive assets.

As of the day he took office, Kotołyan had 35 thousand dollars and 260 thousand rubles in his possession. It is important to note that he has held the position of head of the State Supervisory Service since September 13 of this year.