YEREVAN. – Everything is studied, and there are reactions, Vahram Baghdasaryan, head of the ruling Republican Party of Armenia National Assembly (RPA NA) Faction, on Tuesday told reporters in the NA, and reflecting on the fact that the names of 37 Armenian citizens are in the Panama Papers.

To the remark that the names of Armenian officials likewise may be in these documents, he responded: “If there are such names, the respective agencies are conducting studies within their framework (…). So far it is merely information; it is simply a print. Let’s be patient, see the relevant authorities conduct relevant studies; then we will draw conclusions.”

The International Consortium of Investigative Journalists (ICIJ) released a database, in which there are around 214 thousand offshore companies that are registered in 21 different locations. This information was presented along the lines of the investigation into the Panama Papers, which contain information on the aforesaid offshore companies and those who are behind them.

The section on Armenia has 37 names, including Mihran Poghosyan, now former Head of the Compulsory Enforcement Service of Judicial Orders of the Republic of Armenia, who had resigned from this position, and in connection with his name being mentioned in the Panama Papers.