The reports about Prime Minister Tigran Sargsyan’s being a shareholder of an offshore company in Cyprus are not true to fact, Armenian minister of finance David Sargsyan said.

Armenian National Congress (ANC) parliamentary group member Nikol Pashinyan urged Prime Minister Sargsyan to comment on the media reports.

“We must be aware of government members’ activities,” Mr. Pashinyan said, adding that ramous are afloat suggesting Tigran Sargsyan and Archbishop Navasard Kchoyan opened a bank account abroad, with AMD 10 mln loan missing.

“The transaction casts doubt on the government’s legitimacy,” the MP said.

In response to Minister Sargsyan’s remarks that the prime minister addressed the prosecutor’s office over the issue, the ANC member cited investigation of March 1 events as an example of the office’s failure to appropriately address the problems.