SRC reveals Air Armenia embezzled over 1 billion AMD

SRC reveals Air Armenia embezzled over 1 billion AMD

State Revenue Committee reveals misappropriation of a large sum of money. Tax investigators found out “Air-Armenia” company has embezzled over 1 billion AMD within the period of 2014-2016 while carrying out air transport of passengers. The company was supposed to transfer the money collected from selling tickets to citizens to state budget within 3 banking days. However, they have received the money and refrained from state payments.  

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