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About $730 million of unknown origin has come to Armenia from offshore zones as investments - MP

28.04.2016 18:09

About $730 million of unknown origin has come to Armenia from offshore zones as investments - MP

YEREVAN, April 28. /ARKA/. About $730 million of unknown origin has come to Armenia from offshore zones, Heghine Bisharyan, head of Orinats Yerkir party's faction in the National Assembly, said Wednesday at a Q&A session in the parliament.

Remarkable is that in 2013, compared with the previous year, foreign investments in Armenia dwindled 20%, while the investment inflow from offshore zones intensified – it grew from $56 million in 2012 to $121 million in 2013.

In particular, $127 million has come from Cyprus, $97 million from Switzerland, $86 million from Luxemburg, $56 million from Lichtenstein $33 from Virgin Islands, $24 million from Panama and another $450 million from unidentified places.

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British offshore areas capitulate against EU tax authorities

07.05.2013 14:31

British offshore areas capitulate against EU tax authorities

The British offshore territories agreed to reveal part of data about the account holders at their banks, The Treasury of the United Kingdom reported, BBC said

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