Armenian Oligarch’s Factory Subject to Tax Inspections: Jamanak

Two days ago, local daily Jamanak (“Times”) reported on the existence of a bread factory by MP Samvel Aleksanyan, which has a superior position in this market, however for reasons “unknown,” attracted the attention of neither tax inspectors or other appropriate state agencies.

“It became known to the daily yesterday that after publication, tax inspectors paid a visit to Samvel Aleksanyan’s factory and began large-scale inspections. Moreover, tax agencies have shut down a number of other bread ovens in Yerevan which either wholly or partly belonged to Samvel Aleksanyan. Currently, there are tax inspections taking place, and the ‘Bread King’ is very concerned with these new developments,” writes Jamanak.