‘Zhamanak’: Vanechyan’s ‘Arrangements’: How a $7 Million Act Turned into $1-2 Million

‘Zhamanak’ newspaper reports that the ‘arrangements’ of former NSS director Arthur Vanechyan are costing the budget dearly. We had previously touched upon the Yerevan metro case and Vanechyan's involvement in 'watering it down.'

According to our information, the case of the ‘Norfolk’ company has met the same fate, which was loudly revealed by the NSS immediately after the revolution. Initially, it was announced that there was a $7 million act which was supposed to show a growth trend.

However, according to our sources, the $7 million act has turned into $1-2 million, and the organization's leadership has been warned not to be surprised and to take the news about announced multi-million recoveries calmly.

More details are available in today's issue of the newspaper.