A video has been disseminated on the Internet in which second President of Armenia Robert Kocharyan states that the executive body of Hayastan All-Armenian Fund needs to deliver a report to the Fund’s Board of Trustees, yet it hasn’t deliver a report and is criticizing the Minister of Finance of Armenia.

According to the video, President of Armenia Armen Sarkissian and acting premier Nikol Pashinyan also participated in the online discussion.

“The finance minister has performed some functions. There is a procedure for submission of reports. The Fund is unable to present how the money was spent. Put yourselves in the shoes of not only the finance minister, but also a member of the Board of Trustees. You expressed commitment to deliver a report, but aren’t able to. We suggest that you formulate this as a loan and close the subject,” Kocharyan stated.

President Armen Sarkissian and acting premier Nikol Pashinyan interfere while Kocharyan speaks, but Kocharyan responds by telling them to wait until he is finished. Kocharyan added that the Fund has been around since 1992 and has never been in such a situation.

“This is an institution that was established before you two were in power. Let’s do everything we can save this institution since it is the only national institution in which all Armenian organizations are represented. My impression is that the Government of Armenia views the Fund as an additional source of funding. This is not and never has been the case,” Kocharyan added.