YEREVAN. – Haykakan Zhamanak daily has learned that the Government of Armenia has started a process of having the Armenfilm movie studio returned because its proprietors have not fulfilled their   contractual obligations, reported the daily.

“To remind, [American Armenian businessman and philanthropist, the late] Gerard Cafesjian and [businessman] Bagrat Sargsyan were the proprietors.

“Over the course of the last ten years, the promised millions of dollars in investments have not been made. (…). And now, the deadline for all this has expired,” wrote Haykakan Zhamanak.