Haypost recovers 21 billion drams
12.12.2011,
20:45
Armenia’s National Postal Service HayPost said it has recovered this year 21 billion drams after specifying the lists of senior people eligible to old-age and retirement pensions.
YEREVAN, December 12/ARKA/. Armenia’s National Postal Service HayPost said it has recovered this year 21 billion drams after specifying the lists of senior people eligible to old-age and retirement pensions.
In a press released the company said the amount has been recovered due to tight control over the process of pension distribution by Haypost and Haypost Trust Management.
Earlier this year Armenian Audit Chamber revealed widespread fraud in the payment of state pensions. It said thousands of Armenian pensioners received, on paper, pensions years after their death. The allegations led to resignation of the chief of the Pension Fund of the Labor and Social Security Ministry. The prosecutors opened criminal proceedings into the fraud.
HayPost was placed under trust management of Dutch Haypost Trust Management BV in 2006 in Yerevan for a period of 5 years with a possible extension of the contract for a similar period.
HayPost operats some 900 post offices in the territory of Armenia. -0-
In a press released the company said the amount has been recovered due to tight control over the process of pension distribution by Haypost and Haypost Trust Management.
Earlier this year Armenian Audit Chamber revealed widespread fraud in the payment of state pensions. It said thousands of Armenian pensioners received, on paper, pensions years after their death. The allegations led to resignation of the chief of the Pension Fund of the Labor and Social Security Ministry. The prosecutors opened criminal proceedings into the fraud.
HayPost was placed under trust management of Dutch Haypost Trust Management BV in 2006 in Yerevan for a period of 5 years with a possible extension of the contract for a similar period.
HayPost operats some 900 post offices in the territory of Armenia. -0-
