14:09, 10 June, 2019
YEREVAN, JUNE 10, ARMENPRESS. Surik Khachatryan, a former politician who twice served as Governor of Syunik (2004-2013, 2014-2016), has been declared bankrupt by a court, according to the Datalex online judicial information platform.
According to the available documents the Armenian “ARMBUSINESSBANK”bank requested a court to declare the ex-governor bankrupt for the latters failure to repay 1,000,000 dollars in credit.
Khachatryan signed a credit contract with the bank in July 2017 and was granted a 1,000,000 credit line with an annual 10% interest rate. He had to repay the money by July 2020.
The bank said it warned Khachatryan about his failure to implement obligations and said it is entitled to confiscate the en…
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