"Zhoghovurd": One of Serzh Sargsyan's close oligarch buys underground passage of Yeritasardakan metro station
Armenian PressThe underground passage of Yeritasardakan metro station where currently construction works are under way have been bought by an oligarch from Karabakh, close to Serzh Sargsyan, Karen Baghdasarov.
The owner of "Victoria trade" company dealing with wheat import and having a dominant position in the market. He also has a bread factory in Karabakh and serious businesses in Armenia and Russia. The paper says Baghdasarov is considered the most reliable businessman of Karabakhi clan and has already cast ‘roots’ in many businesses in Armenia.
In 2008 he transferred $50 thousand and 15.5 million drams for the construction of St. Virgin Mary church in Stepanakert, while after he bought the underground passage more than 300 families remained jobless, with the majority of the book-sellers thinking of leaving the homeland.