YEREVAN. – Armenia’s “Hayastan” Department Store owner, businessman Paylak Hayrapetyan has left for Paris once again, Hayatsk daily reports.     

“In one of our previous issues we had written that he had headed to Paris, [and] from there to Africa, to clarify some circumstances with respect to the well-known diamond case.

Hayrapetyan, who ‘lost’ $12 million as a result of the Hayrapetyan-[businessman] Ashot Sukiasyan conflict, is trying to resolve this tricky matter with enviable persistence. Our reliable sources say he went to Paris this time to meet with altogether other people, [that is, with] Sukiasyan’s Russian partners in the diamond business,” Hayatsk writes.       

As Armenian News-NEWS.am informed earlier, Paylak Hayrapetyan had left for Sierra Leone to get acquainted with the details of the well-known diamond business on location, Hayatsk daily reported.  

“According to his announcement, Hayrapetyan ‘lost’ $12 million when starting a joint business with businessman Ashot Sukiasyan. 

According to our sources, Hayrapetyan was on location, and he became convinced that a considerable portion of his money was truly invested in the diamond business—in any case, the areas of the mines were leased—but activities are not being carried out in thousands of hectares, due to unfavorable [weather] conditions, as it is the monsoon season,” Hayatsk wrote.