ArmRusGazard going through auditing
According to "A1+"'s sources, a criminal case has been instigated against ArmRusGazard for extortion of large sums of money and there are rumors about former mayor of Yerevan and director of ArmRusGazard Karen Karapetyan.
In regard to financial misuse, ArmRusGazard told "A1+" that the company's financial activity is inspected by international auditing companies included in the Big Four (the world's largest accounting and auditing company, particularly Ernst & Young and PricewaterhouseCoopers every year.
"The inspection committee established by shareholders checks the results of the financial-economic activities every year. The positive conclusions on the financial state provided by the international auditing companies that verify the reliability of financial-economic reports, as well as the Company's financial-economic reports are presented to the shareholders of ArmRusGazard CJSC.
So, those rumors are absolute lies and misinformation," ArmRusGazard's representative informed.
"A1+" was also informed that Karen Karapetyan will be given a high post in Russia's gas and energy system.
