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Oligarchs need 6 million drams to restore their good name

Politics
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Permanent readers and friends of "Haykakan Zhamanak" opposition daily are visiting the newspaper's editorial office to render financial assistance to the paper.

The Court of Cassation on Tuesday threw out an appeal from the opposition daily that was fined 6 million drams earlier this year for implicating three influential tycoons in criminal activity. Samvel Aleksanian, Ruben Hayrapetian and Levon Sargsian - sued "Haykakan Zhamanak" last January after it refused to run a retraction of false claims amounting to defamation of character. In a joint lawsuit, they demanded 6 million drams in moral damages.

The fundraising has not kicked off officially as the court has not yet issued an executive act.
"Our citizens can transfer 1000 drams to the newspaper by sending SMS or the word "hzh" to 47-35 short number," Anna Hakobyan, editor of "Haykakan Zhamanak" daily, told A1+.

Asked how the oligarch deputies will spend the money, Hakobyan said, "it seems that they lacked these 6 million drams to restore their good name."