One of the major shopping centers of Yerevan, a part of the trade center was closed earlier this week and merchants have been issued documents explaining conditions of continued occupation under the bank’s ownership.
Executive Director of Hayastan Trade Center Haykaz Hovhannisyan, however, stated a few days ago that there is no need to close the shopping mall at all. “If Armeriabank raises the issue of the estate property, then it must be settled in legal form, and it should not distribute notices [contracts] among the employees of the trade center,” Hovhannisyan says. Ameriabank representatives told ArmeniaNow that the bank is the owner of the premises since December 16, 2011; and the lessee of the center, the Hayrapetyan Brothers Company, has been notified that it should leave the area within a month but has failed to do it. Therefore, now the bank is taking measures to evict the illegal owner from the area. “We are sub-lessees, and the ownership issues of the building do not refer to us. We simply do our job and we do not want to be disturbed,” says Ruzanna Hakobjanyan, one of the traders of Hayastan Trade Center. The bank says these works will in no way affect the local retailers, with whom the bank will conclude new contracts, as required by law.