Haykakan Zhamanak: Company of ex-police chief’s son declared bankrupt

Business Leader Holding owned by Arman Nazaryan, the son of ex-chief of the Yerevan police Nerses Nazaryan, has been declared bankrupt by a decision of a court of general jurisdiction, according to ‘Haykakan Zhamanak’ daily.

The paper says the company was declared bankrupt at the request of Ameriabank CJSC. Business Leader Holding comprises ‘Moskvichka’ supermarket chain, Veranda Restaurant, and Food Leader Company that imports exclusive goods.