Prime Minister has demanded that State Property Management department discloses the name of one of the directors who has made fool of the state. Gagik Kafyan has managed Yerevan Jewelry factory in such a way that resulted in closure of the company with no profits.
The unsuccessful manager signed a dismissal letter on February 1st. The factory appeared in the list of properties to be privatized, and is available for privatization for 3 billion AMD. Monitoring has revealed 61 out of 150 companies partially owned by the government are unprofitable.
