Mher Grigoryan holds the post of RA Deputy Prime Minister since 12 May, 2018. Before that, from 1996, he worked in the banking system, held the positions of head of the legal department, deputy director, director, chairman of the board and other high positions.

Iravaban.net presents his property and income.

As of 12 May, 2018, the day he assumed office, Mher Grigoryan declared:

• An apartment – joint ownership, in Yerevan, in the Center, bought in 2011,
• 2 garages – joint ownership, in Yerevan, in the Center, bought in 2009 and 2011,
• individual residential house – joint ownership, Ashtarak, Aragatsotn marz, 2015,
• plot of land – joint ownership, Aragatsotn marz, Ashtarak, 2007,
• plot of land – sole ownership, in Mughni, Aragatsotn marz, 2012,
• 5,023 shares in one of the companies,
• 77,016,000 AMD,
• 28,023,485 AMD – income from salaries.

According to the annual declaration of 2018, his funds amounted to 82,474,835 AMD, his income was 96,398,513 AMD, which was received from 4 salaries and dividends.

The annual declaration of 2019 shows that he owns 5023 shares in “Region” Financial Industrial Corporation CJSC and “Arins Group” LLC. According to the data of the state register, “Region” Financial Industrial Corporation CJSC is the legal predecessor of “Arins Group” LLC. “Arins Group” LLC is the shareholder of “Ardshinbank”. 

The total value of the shares owned by Mher Grigoryan is AMD 502,300,000 (1.056%), which was acquired on 30 October, 2017. Mher Grigoryan held the position of director in this company from 19 October, 2017 to 18 May, 2018, before being appointed to the post of RA Deputy Prime Minister.

In 2019, the funds of the Deputy Prime Minister in the bank account amounted to 3,135,845 AMD, and in cash – 70,000,000 AMD. His income was 19,491,545 AMD from his salary.

In 2020, Mher Grigoryan’s funds in the bank account amounted to 4,572,075 AMD, and 70,000,000 AMD in cash. His income was 23,600,909 AMD from his salary.

In 2021, the Deputy Prime Minister sold his land in Mughni for 1,200,000 AMD. His funds in the bank account amounted to 3,319,821 AMD, and in cash – 70,000,000 AMD. His income was 20,522,616 AMD from his salary.

Mher Grigoryan’s wife, Anna Grigoryan, declared:

In 2018 – 800,907 AMD, loan granted – 300,000 USD, income – 7,622 USD, interest received on loans given.

In 2019:

• An apartment – joint ownership, in Yerevan, in the Center, bought in 2011,
• an apartment – sole ownership, in Yerevan, in the Center, renovation, obtained in 2007,
• 2 garages – joint ownership, in Yerevan, in the Center, bought in 2009 and 2011,
• Mercedes-Benz car, 2016 production, purchased in 2016.
• deposit: $300,000,
• 247,947 AMD in the bank account,
• $7,643 income from interest earned on loans given.

2020 – deposit: $300,000, 963,843 AMD in a bank account, 21,038 USD of income from the interest received on loans given.

2021 – deposit: $300,000, AMD 587,083 in a bank account, $10,441 income from interest received on loans, one-time expense of 9,200 Euros, it is not specified what kind of expense it is.

Mher Grigoryan’s daughter, Eva Grigoryan, did not declare anything in 2018.

In 2019, she bought for 11 million AMD a “Nissan Kicks” 1.6 model car produced in 2019. The money was given as a donation by his father, Mher Grigoryan.

There were no changes in Eva Grigoryan’s declaration in 2020.

In 2021, her funds amounted to 13,311 AMD, her income was 1,168,000 AMD from the salary received.

Mher Grigoryan’s son, Davit Grigoryan, did not declare anything in 2018. In 2021, he declared the funds: 142,291 AMD in a bank account.

It should also be added that Mher Grigoryan is a member of the Anti-Corruption Policy Council. By comparing the funds and securities presented by him, it becomes obvious that the member of the Anti-Corruption Policy Council, the Deputy Prime Minister of RA is a dollar millionaire.

PS: The 2022 annual declaration of Mher Grigoryan has not yet been published in the Corruption Prevention Commission. The article will be updated as soon as it is published.