Surik Khachatryan’s Revenues reach Millions, while his Son has nothing

According to the 2011 statement on income and property, the current Governor of Syunik Marz Surik Khachatryan had the income of 2 million 360 thousand AMD during the fiscal year. Whereas in the following year his annual income suddenly increased and totaled to 7 billion 2 million 103 thousand AMD. Notably the 7 billion AMD was and income generated from the sale of property.

Last year, assuming the post on 25 September 2014, Surik Khachatryan declared 3 Real Estates, a public building (designed for the social service of the population, as well as for allocation of administrative and public organizations), individual residential house built on a land plot with its economic structural buildings, and an apartment in residential building.

By that time, he had given 1 billion 622 million AMD as a loan. From 1 January 2014 until the day of assuming the office his revenues amounted to 160 million 419 thousand AMD.

In the fiscal year 2014, the amount of the loan given by Surik Khachatryan amounted to 1 billion 501 million AMD. By the end of the fiscal year his income totaled to 215 million 202 thousand AMD.

The main part of this sum was 197 million 424 thousand AMD was generated from the interest received from loans. Remuneration amounted to 1.6 million AMD, and the lease payments received in exchange amounted to 16.2 million AMD. This means that income from wages is about 0.7% of total revenues.

It is due to mention that the Surik Khachatryan’s declaration on income and property at the date of termination of the office in 2013, is missing in the website of the Ethical Committee for High-Ranking Officials.

The income and property statement for 2011, 2012 and 2014 of the Governor’s wife Loreta Barseghyan indicate only the payments for remuneration. In 2011 it was 1 million 272 thousand AMD. In 2012 – 1 million 227 thousand AMD and in 2014 -2 million 192 thousand AMD. There is not any other data mentioned.

As for the governor’s son, Tigran Khachatrayn, in 2012 he had the income of 360 thousand AMD as remuneration for labor. In 2014, according to the declaration statement,