Armenia: Key Suspect Arrested in Diamond Scandal Linked to PM, Archbishop
So what do the Armenian government, the Armenian Apostolic Church and Sierra Leone all have in common? The answer is businessman Ashot Sukiasian, who was arrested in Tbilisi on February 1 in connection with an alleged $10.7-million con-job.
Several years back, Sukiasian borrowed that sum from AmeriaBank, an Armenian concern of uncertain ownership, to invest in importing raw diamonds from Sierra Leone for refining in Armenia, the Hetq.am investigative service reported last May. Diamond-refining is one of the few booming businesses in Armenia, and a key source of exports.
Documents unearthed by Hetq.am revealed that Sukiasian borrowed the money for his own diamond venture in the name of Wlispera Holdings, a Cyprus-based company allegedly co-owned by Armenian Prime Minister Tigran Sarkisian and former Archbishop Navasard Kjoian.
To read the full story