Iravaban.net presents the 2024 property and income declaration of Serob Sargsyan, the head of the Ajapnyak Administrative District.

Serob Sargsyan lives with his wife and two minor sons.

Vehicle Acquired During the Current Year

On August 16 of the previous year, the head of the administrative district acquired a CHEVROLET branded vehicle manufactured in 2016. The value of the vehicle was $8,000.

Loans Given and Returned

At the beginning of the year, the existing loan amount was 27,700,000 drams and 3,128,000 drams from “Gazavik” LLC (a development company).

The amount of the loan remained unchanged at the end of the year.

Cash

Serob Sargsyan declared 4,700,000 drams in cash, which amounted to 4,500,000 drams at the end of the year.

Income for the Reporting Year

He received a loan of 2,200,000 drams from Araratbank, 27,700,000 drams from Acbabank, as well as a loan of 3,400,000 drams.

He received a salary of 2,492,620 drams from Yerevan Municipality.

He also received a salary from HayPost in the amount of 6,175,352 drams.

The total amount of income was 41,967,972 drams.

Outstanding Balance of Loans and Borrowings as of December 31 of the Reporting Year

This figure amounted to 32,645,082 drams, of which 27,580,034 drams was for the purpose of acquiring an apartment.

It should be noted that Serob Sargsyan is the chairman of the council of the Ajapnyak territorial organization of the “Civil Contract” party.

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