Iravaban.net presents MP Hovik Aghazaryan’s latest declaration of assets and income submitted to the CPC.

Data on Family Members of the Declaring Official

Hovik Aghazaryan lived together with his wife Margarit Aghazaryan (we remind that Aghazaryan’s wife recently passed away) and son Hovsep Aghazaryan.

Real Estate

The MP has declared a land plot, which he owns through sole ownership rights. It is located in Surenavan village of Ararat region. A multi-apartment residential building in Yerevan is also declared under joint ownership rights. The data reported at year-end remained unchanged.

Vehicle

During the reporting year, Hovik Aghazaryan declared a 2012 CHEVROLET brand car.

Cash

Available cash at the beginning of the year was 6,000,000 drams, at year-end this amount became 3,000,000 drams.

Income for the Reporting Year

The MP received income from the National Assembly amounting to 10,751,710 drams.

Outstanding Principal Balance of Received Loans and Borrowings as of December 31, 2023

The amount borrowed from one bank was 9,430,000 drams. The loan principal balance at various banks was: 1,427,450 drams, 20,702,824 drams, 642,530 drams, 2,899,918 drams. The total loan principal balance across several banks amounted to 25,672,722 drams.

Note that Hovik Aghazaryan recently announced plans to create a party and name it “United National Constitutional Party” (MASK). MP Hakob Aslanyan will also be a member of the party.

We also present Hakob Aslanyan’s declaration of assets and income.

Data on Family Members of the Declaring Official

Hakob Aslanyan lives together with his wife Alvard Khachatryan.

Real Estate Available at Beginning of Year

The MP has declared a multi-apartment residential building in Yerevan under joint ownership rights, acquired from July 1, 1986.

Bank Deposits

A deposit of 1,000,000 drams is presented at one bank, and 6,000 dollars at another bank. These amounts remained unchanged at year-end.

Cash

At the beginning of the year, Aslanyan had available cash of 1,000,000 drams. The amount remained the same at year-end.

Income for the Reporting Year

The MP received income from the National Assembly amounting to 10,751,710 drams. He received a pension of 825,000 drams from the RA Ministry of Labor and Social Affairs. The MP’s total income amounted to 11,576,710 drams.

Outstanding Principal Balance of Received Loans and Borrowings as of December 31, 2023

The loan principal balance as of the specified period amounted to 400,000 drams.