Open news feed Close news feed
A A

Businesswoman might be engaged in politics

Politics
37ddeec244973fcd775dd21b0142f32a

Armenian-based entrepreneur Silva Hambardzumyan is going to affiliate herself with the Republican Party of Armenia (HHK) if her questions remain unaddressed.

"I have never been engaged in politics but if things continue in this way I may become a HHK member or... open a party," Hambardzumyan told journalists on November 9.

This came after the Minister of Energy and Natural Resources Armen Movsisyan twice repealed the license of Sipan-1 gold mining company owned by the women entrepreneur.

In 2009, the Administrative Court revoked the company's license while the Appellate Court nullified the minister's decision.

"However, in October, the minister released a second order to revoke the same license, arguing that the company has not signed a contract. We insist that we still have time to reach a contract," said Karen Tunyan, a company lawyer.

He says that the Appellate Court made a decision ‘under the pressure of authorities' and the minister expressed a prejudiced opinion on the day when the court announced its verdict.
"During an interview with a local newspaper the minister said the mine should be given to someone else," said the lawyer.

Then he named numerous other mines with expired contracts which still belong to their owners. "These mines are owned by officials," added Siva Hambardzumyan.

In the end, the entrepreneur advised her compatriots not to buy the low-quality sugar sold in Armenian markets.
"I bring sugar for my family from Dubai. It has a high quality and a lower price," she said.