According to the information at Yerkir daily’s disposal, the President of Union of Armenians of Russia, Armenian businessman Ara Abrahamyan sufferd financial losses due to the unrest in Libya. He made great investments in Libya’s oil industrial sector by the recommendation of a Russian top official.

According to the source, Abrahamyan is on close terms with Libyan leader Muammar Gaddafi. The information on financial damage is not available. At the moment Abrahamyan is in the Unites States.