Deliberate insolvency

30/10/2007

From now on we can speak about the privatization of circus as an unsuccessful and failed transaction. In the result of the principality of the current management of the circus not only serious performances but also incomes are excluded even for those, who invested money into the circus. The circus may only return their money only after the death of the circus genre. The circus of Armenia is on the threshold of insolvency and the facts give us grounds to presume that the process was launched deliberately. Most frequently the name of the RA MP Galust Sahakyan is mentioned when speaking of the privatization of the circus. Yesterday our newspaper wasn’t able to keep in touch with Galust Sahakyan.