The Public Relations Department of the State Interests Fund of Armenia, ANIF, referred to Tigran Avinyan's publications regarding the compatibility of his position as the Deputy Mayor of Yerevan and the Chairman of the ANIF Council.

"In response to the news circulating in the media, we consider it necessary to clarify that Tigran Avinyan's tenure as the chairman of the board of the State Interests Fund of Armenia, ANIF, is fully compatible and logical from the legal point of view with the status of the deputy mayor of Yerevan.

Thus. According to Article 31, Part 6 of the Law of the Republic of Armenia "On Public Service," "A person holding a public position or a public servant may be included in the board of directors (supervisory board) of a commercial organization with 50% or more RA participation, if it is directly related to his tenure with the implementation of the policy of the sector without remuneration or compensation in any other form or the right to use social guarantees or other services or privileges provided for person view with the status of the deputy mayor of Yerevan.

 

Most of the current, as yet unannounced, as well as future-discussed programs of ANIF are directly related to Yerevan's development programs. Among them are the mobility of citizens, infrastructure, tourism, service, construction, development and other fields.

The effectiveness and liquidity of a significant part of the programs implemented by ANIF are directly related to the functions of Yerevan Municipality. At the moment, several projects of attraction of new investments by ANIF are under discussion in Yerevan, which are within the scope of the direct functions of the municipality. Therefore, the combination with the status of the deputy mayor in the independent supervisory body of ANIF does not contradict the law, but also contributes to the coordination of the state's investment and implementation of existing programs. By the way, this is the mission of ANIF.

Bearing in mind that 100% share of ANIF belongs to the Government of the Republic of Armenia, as well as taking into account the fact that Tigran Avinyan does not perform paid work in ANIF, the legal incompatibility and conflict between the positions of the Chairman of the ANIF Board and the Deputy Mayor of Yerevan there can be no question," the message says.