Hovik Abrahamyan Loses $9.5 Million

The newspaper "Zhamanak" reports that Armenia's law enforcement has uncovered that former National Assembly Speaker and Prime Minister Hovik Abrahamyan made a private trip to Monaco during his time in office. He spent $9.5 million at a casino, which he charged to his personal card.

According to some sources, following the Velvet Revolution, Abrahamyan was forced to sell some of his assets to pay off urgent debts.

For more details, refer to today’s issue of the newspaper.