 Armenia parliament votes to outlaw unexplained wealth December 16, 2016 - 15:06 AMT PanARMENIAN.Net - The Armenian National Assembly on its second and final reading unanimously approved a law on the criminalization of illicit enrichment. All the 100 lawmakers voted in favor of the new bill. Prime Minister Karen Karapetyan in early November instructed Justice Minister Arpine Hovhannisyan to introduce a bill on the criminalization of unexplained wealth to help combat corruption. The law stipulates that those illegally enriched officials whose increase of capital and/or reduction in commitments unreasonably exceed their legitimate income, will be imprisoned for three to six years. The law will come into effect beginning July 1, 2017.   Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
