There is no obvious reason to buy into Tojiksodirotbank, which is weighed down by crushing liabilities. So who are these mysterious Saudi and Chinese investors?
Nine years after Tajiks were strong-armed into buying shares in a hydropower plant, it has begun producing power. Will they see dividends? Or will the electricity simply benefit the elite?
The controversy pits the grassroots activists who brought a reformist government to power against foreign investors who promise the economic growth Armenia needs.