YEREVAN. – I worked with Libya in the past eight years and invested over $1 billion into this country’s economy, Chairman Ara Abrahamyan of the Union of Armenians of Russia stated during a press conference on Friday, in Armenia’s capital city Yerevan.  

Abrahamyan noted that he had good relations with Libya’s political elite and with Muammar Gaddafi himself, and had even invited him to Russia.   

In Ara Abrahamyan’s words, Gaddafi was familiar with Armenia and was aware of the Armenians’ problems. “I had even asked Armenia’s Foreign Minister to invite Gaddafi to Yerevan, but the events unrolled. Gaddafi lost a country, [and] I [lost] money. I was a friend of those people. I’m still their friends, and I hope to finish the activities I started in Libya. I hope to get back the money that was invested in Libya and which is frozen, now,” Abrahamyan said.          

Also, he denied the rumors about his bankruptcy.