Zhoghovurd: Police ex-chief’s family business collapses since dismissal

What happened to the family business of ex-chief of the Yerevan Police Department Nerses Nazaryan clearly shows the essence of economic ties in Armenia.

For the years Mr Nazaryan was holding the post his family business was thriving. Among other enterprises was the Moskvichka supermarket chain in Armenia’s capital. However, after Mr Nazaryan was dismissed, his business began declining.

Two years have hardly passed since Mr Nazaryan’s dismissal, but his family business has almost collapsed. It suggests that it is a post that can ensure your business success in Armenia. Otherwise, even with contacts and old friends, you cannot do anything. This is the reason why Armenia’s officials stop at nothing only to retain their posts.