“Shares in 3 LLCs and large amounts of cash: what income sources do Hakob Arshakyan and his wife have?”

Deputy Speaker of the National Assembly Hakob Arshakyan has submitted his annual declaration of assets and income for 2024 to the Corruption Prevention Commission.

According to Iravaban.net, he lives with his wife, Isabella Tadevosyan, and 4 minor children: Lilit Arshakyan, Mikayel Arshakyan, Sara Arshakyan, and Lyusi Arshakyan.

Arshakyan’s wife works at “Synopsis Armenia” company as a senior engineer. As real estate, she has declared 1 apartment located in the Davtashen administrative district, purchased in 2017.

He has not reported any vehicles. The amount available to him at the beginning of the year was 69,297 drams, which became 756,647 drams by the end of the year.

The official has presented the available cash: at the beginning of the year, he had $9,500, which increased to $10,000 by the end of the year, and 2,500,000 drams, which did not decrease by the end of the year.

Salary

  • Received 78,750 drams from YSU (Yerevan State University),
  • Received 14,218,743 drams from the National Assembly during the year.

He has directed 1,971,453 drams and 2,437,459 drams toward the payment of the remaining principal of loans taken.

Participation in commercial organizations

  • Arshakyan owns 100% of the shares of “ARAXIS ENGINEERING” LLC, of which he became the real beneficiary in 2017,
  • His wife owns 40% of the shares of “DREAMBOX” LLC, participation in which was acquired from 2021,
  • Also 48% of the shares of “IE STUDIO” company, participation in which was acquired from 2016.

Hakob Arshakyan is the president of “HIMA” NGO and “REAL ELECTIONS” democracy support. As is known, he is a member of the “Civil Contract” party.

Main photo from Hakob Arshakyan’s Facebook page.

Iravaban.net

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