Leadership Of Bjni Applies To Armenian President To Help Suspend Auc

LEADERSHIP OF BJNI APPLIES TO ARMENIAN PRESIDENT TO HELP SUSPEND AUCTION ON SALE OF THE PLANT’S PROPERTY

ArmInfo
2009-01-29 19:07:00

ArmInfo. The leadership of Bjni Plant of Mineral Waters has applied
to Armenian President Serzh Sargsyan to help suspend the compulsory
auction on sale of the plant’s property, the statement of Bjni Director
General L.Harutyunyan given to ArmInfo says.

The company’s leadership suggests setting up a working group of
well-known high-ranking officials, Bjni specialists and international
organizations to investigate the circumstances related to the plant
and make an objective conclusion.

L.Harutyunyan thinks that the Service of Compulsory Execution of
Judicial Acts of the Armenian Justice Ministry is trying to illegally
sell the property of CJSC Bjni Plant of Mineral Waters via an e-auction
as the bailiffs keep in secret the information which property is to
be sold and how much it is evaluated.

The deal is illegal, at least, because the managers of the company
have not been informed about the results of the evaluation.

To remind, the starting price of the property of "Bjni" and "Noy"
brands is 4.934bln AMD ($16mln).

The property was put up for sale because of the tax service’s financial
claims worth 4.1bln AMD.

Bjni is part of Sil Concern, which belongs to the Sukiassyan
family. The pressure that is being exerted on the concern by the
government may be due to the political activities of one of its
shareholders, MP Khachatur Sukiassyan who openly supported the first
president of Armenia Levon Ter-Petrossyan during the Feb presidential
election.

Meanwhile, well-known Armenian businessman, leader of Prosperous
Armenia party Gagik Tsarukyan has advised businessmen not to take
part in the auction.