YEREVAN. – In line with the income declarations which the MPs of Armenia’s National Assembly have filled, all of their combined monetary means have constituted more than $138 million as of March 3, 2012, 168 Zham daily reports.  

“That is, each MP’s average wealth is a bit more than $1 million. This, of course, is a ridiculous figure because this number is several dozens—if not, a hundred—times less than the real wealth of some of the MPs. This is proved by the fact that twelve MPs from the ruling party did not at all declared monetary means. And it has become apparent that some others have lived solely on the MP’s salary for the past one year, but they drive a Porsche Cayenne [jeep], a Hummer, or, at the very least, a G-Class Mercedes [jeep].         

So, we may record that aside from being a legislative body, or [even] before that, Armenia’s National Assembly is a millionaires’ club which, for example, this year voted in favor of the bill on raising the [monthly] minimum wage by a whole AMD 2,500 [approx. $6],” 168 Zham writes.