Politics

Robert Kocharian's Sons and Their 'Cunning' Business Maneuvers

Robert Kocharian's Sons and Their 'Cunning' Business Maneuvers

The newspaper 'Zhamak' reports: 'Robert Kocharian's young millionaire sons have arranged the functions of their businesses very effectively. For example, if the insurance company 'Nairi Insurance', owned by Robert Kocharian's younger son Levon, insures vehicles, then the older brother Sedrak Kocharian's 'Toyota Yerevan' is responsible for the repairs of those vehicles. This means that all the money circulates between their companies and never leaves their pockets.

It is also noted that, according to media reports, one of the shareholders of 'Toyota Yerevan' is Samvel Mayrapetyan, who has gained a reputation as the owner of several elite buildings in Yerevan and a business partner of Robert Kocharian.'

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