Zhoghovurd: BAMO owner to start business in Germany
The BAMO Company of the Muradyan brothers is in a financial crisis, Zhoghovurd writes. All their businesses in Russia have failed. When Hovik Muradyan died after being stabbed in downtown Moscow in December 2013, their affairs became even more complicated. On August 21 of this year, the Armenian government took over the company’s virtually only major property in Armenia, Sports and Concert Complex because of debts.
According to the newspaper, ex-Ambassador to Iraq Murad Muradyan has moved to Germany. The newspaper’s sources say that the BAMO owner is going to start business in that country and his ambassadorial connections help him.