Serzh Sargsyan has immovable property in Azerbaijan

Serzh Sargsyan has immovable property in Azerbaijan

The incumbent President of Armenia, presidential candidate Serzh Sargsyan has 108,400,000 AMD. This sum is indicated in his declaration of property and income, submitted to the Central Election Commission.

Serzh Sargsyan was born on 30 June 1954. He is registered and lives at house# 72, Dzorapi Street, Yerevan. He is married.

According to the declaration, he has only one immovable property: a building and a structure of an area of 96 square meters in Khankandi city, which is under Armenian occupation.

As regards movable property, the incumbent president has a vehicle, a Mitsubishi Montero.

In addition to immovable and movable property, Serzh Sargsyan declared precious property worth over 8 million AMD.

Thus, it is said in the declaration that S. Sargsyan has antiques such as sculptures, statuettes, etc. dated to the 18-20 centuries. He also has a collection of paintings (by painters Khanjian, Sarian, Hakobian, Gyurjian, Bashinjaghian, Minas, Y. Kochar, Kojoyan, and Abeghian), as well as 32 paintings of contemporary painters.

The incumbent president has several sources of income: a salary of 3,898,800 AMD he receives from the Armenian presidential staff, a payment (equated to salary) of 2,596,017 AMD from the presidential staff, and he also receives interest of 10,925,535.60 AMD on loans provided to Ararat Bank.

According to the declaration, he has no securities or other investment.

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