Armenian finance minister denies Global Financial Integrity’s report about illegal outflow of $6.2 billion from country

Armenian finance minister denies Global Financial Integrity’s report about illegal outflow of $6.2 billion from country

YEREVAN, January 29. /ARKA/. Armenian Finance Minister David Sargsyan denied today Global Financial Integrity’s report about the outflow of $6.2 billion from the country between 2002 and 2011.
This Washington-based non-profit research and advocacy organization works to curtail illicit financial flows out of developing countries.  

The minister grounded his denial on the argument that “our financial data don’t let us make such conclusions” and said that the organization’s figures have nothing in common with the reality. 

“I don’t deny the possibility of separate money-laundering attempts,” he said stressing that Armenia has own monitoring center, which functions as part of the central bank. In his words, the center is operating properly.  

Sargsyan said all the international organizations have rated highly Armenia’s efforts to combat money laundry. -0---

19:42 29.01.2014

Comments (0)




 

« September 2014

Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
 
 
 
 
 
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×