“According to his announcement, Hayrapetyan ‘lost’ $12 million when starting a joint business with businessman Ashot Sukiasyan.
According to our sources, Hayrapetyan was on location, and he became convinced that a considerable portion of his money was truly invested in the diamond business—in any case, the areas of the mines were leased—but activities are not being carried out in thousands of hectares, due to unfavorable [weather] conditions, as it is the monsoon season,” Hayatsk writes.