The ruling Republican Party of Armenia (RPA) parliamentary group member Arkady Hambardzumyan often departs for Italy to supervise the construction works of a hotel he owns there.

Moreover, the MP’s sister owns Lacoste outlet store. The paper tired to clarify the information yesterday, Dec 4, however, Mr. Hambardzumyan’s phone was unreachable.

“The fact once again proves the non-profitability of starting a business in Armenia,” the paper says.