Gagik Tsarukian elected chairman of Nat’l Olympic Committee

GAGIK TSARUKIAN ELECTED CHAIRMAN OF NATIONAL OLYMPIC COMMITTEE

ArmenPress
Nov 23 2004

YEREVAN, NOVEMBER 23, ARMENPRESS: The special session of Armenian
National Olympic Committee elected on Monday Gagik Tsarukian, a
prominent businessman and the chairman of Multi Group Concern as a
new president. The newly elected chairman pledged to do everything
to avoid the repetition of Athens fiasco.

Gagik Tsarukian was the deputy of the former chairman of the Olympic
committee and has been funding the committee for several years now.

Followed by the election which passed unanimously, the newly elected
chairman said that up to date he had been only providing finances
to the committee and had no responsibility on him which is not the
case now. Pledging to continue financing the development of sports in
Armenia, Tsarukian said that he is going to recruit the best athletes
and coaches.

The newly elected head of the Olympic committee underscored financial
aspects in sports and vowed to continue investing money in it.

“I will do it as long as it is needed. If I am involved in such
a difficult task, I should get out of it with the final victory,”
Tsarukian said.