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Armenian Businessman Settles Debt with Yezidi Farmers

Businessman Lyova Safaryan, whom 21 Yazidi farmers who raise livestock have accused of fraud, claims that he "solved the problems" with their families and they no longer have any demands.

Recall, the cattlemen had expressed their concerns through the media in December 2013, saying that the businessman was posing as a friend of National Assembly President Hovik Abrahamyan (pictured) and thus gaining their trust, acquired milk from their cows on a loan which he never repaid. 

Safaryan, however, today informed Epress.am that he had nothing to do with that transaction. "My friend bought that milk, and that friend of mine is not in Armenia now. It's just that they began to mention names of other people, for example, the president of the National Assembly. I resolved this issue: I gave those people their money, so they no longer speak [of this]," he said.  

One of the creditors, Rustam Iboyan, in conversation with Epress.am, confirmed that "they came to an agreement" with Safaryan. According to him, Safaryan paid half the loan; the other half, he promised to give at the end of the month. 

Iboya had stated earlier that Safaryan personally bought the milk from them. According to the Yezidi farmer, Safaryan answered their phone calls by swearing and strongly denying that he mentioned Hovik Abrahamyan's name. National Assembly president's press secretary, Gohar Poghosyan, denied Safaryan having any links with Hovik Abrahamyan.