"Haykakan Zhamanak": Artur Baghdasaryan`s incomes reduced over past five years.

Over the past five years the incomes of the leader of the Rule of Law Party Artur Baghdasaryan have reduced. Instead, he has acquired property he did not have during the 2007 elections.

According to his income statement and property report submitted to the Central Election Commission (CEC), Baghdasaryan owns an apartment with a total area of 215,3sq meters. The apartment worth $300,000. According to the documents presented during the previous elections, Baghdasaryan did not own any property. Another acquisition is VAZ 2121 model car he did not have before. Four years ago he did not have a company while now he owns 100% shares of ‘Gavex’ LLC.

During the past year his income was his salary - AMD 4.295m (for the whole year round). As of March 1, 2012 he had AMD 5m and $20,000 on his bank accounts. In 2007 he declared AMD 8.1m and $190,000.