Monday, December 12 2016 18:40
Alina Hovhannisyan

Criminal case initiated against Enterprise Incubator Foundation on abuse in management of property and state funds

ArmInfo. Based on audit of Armenian Control Chamber State Interests Protection Department of Armenia's General Prosecutor's Office has initiated a criminal case against Enterprise Incubator Foundation (EIF) on the fact of abusing official position, particularly violations and abuses have been registered in management of property and state funds. According to the official statement of Armenia's Control Chamber the case was initiated based on Article 214 Part 2 of the Criminal Code of Armenia and the Investigative Committee of Armenia was assigned to hold preliminary investigation of the case.

As a result of audit of financial economic processes, the Investigative Committee has revealed a number of violations in organization of procurements, inventory, signing labor contracts, payment of premiums and traveling allowances.

According to the source the draft conclusion of the examination was presented to EIF, which has not anyhow commented or objected to it.

To note, Enterprise Incubator Foundation (EIF) is one of the largest technology business incubators and IT development agencies in the region, operating in Yerevan, Armenia. Established in 2002 by the Armenian government within the framework of the World Bank's "Enterprise Incubator" project, EIF is called to support the development of information and communication technology sector in Armenia through creating a productive environment for innovation, technological advancement and company growth.


News


Exchange rates
23.10.2020
RUB6.470.05
USD494.010.30
EUR585.250.48
GBP646.41-0.59
CAD376.760.89
JPY47.210.02
CNY74.06-0.21
CHF546.291.36



Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000