YEREVAN. – In line with Haykakan Zhamanak daily’s monitoring of Armenia’s retail prices, it was found out that, as compared with April 9, the price for one kilogram of sugar increased in the country by AMD 10 (approx. US$ 0.03) several days after the May 6 parliamentary elections.    

“On the average, 275 tons of sugar is consumed in Armenia every day, and this means Samvel Aleksanyan, the sugar’s sole importer and producer [in Armenia], receives an additional daily profit of AMD 2,750,000 [approx. $6,984], or more than AMD 82,000,000 [approx. $208,243] per month. And it is difficult to say how many months it will take him to ‘retrieve’ his expenses made for the elections.    

Let us also note that the Alex Grig Company, which allegedly belongs to Aleksanyan’s wife, has paid close to 15 percent less tax in the first quarter of this year than in the previous year,” Haykakan Zhamanak writes.