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The matter of official investigation on the peculation of investments of the “South Caucasus Railroads” Company finished and a report is to be presented within 10 days to the Minister of Transport and Communication of Armenia, said the General Director of the Company Shevcet Shaidulin in a press conference.

Remind that at the end of the previous year some publications appeared in the local mass media about the peculation of investment means of the current company. Particularly, it was mentioned that expensive cars and apartments have been bought spending those means.

According to the General Director of the Company those cars and apartments were bought to receive foreign guests but they were not bought on investment money. He also said that ten extra cars and one cottage would be put up to the auction because they did not need them as much.