Information was posted in social networks stating that the minister of energy and natural resources Armen Movsisyan has bought a villa worth of 3,2 million dollars in Spain. In addition, according to the same source of information he has also bought 80% of the share in the iron processing Babushkina company in Dnepropetrovsk. However, yesterday our correspondent contacted with the minister, who certainly refuted these rumors and said the same thing as officials say in such situations: “This is the first time I hear this; as soon as I have it, I will give the half to you”. However, our sources of information confirm the fact that Armen Movsisyan has share in that company, but not 20% instead of 80. The Bobushkina iron processing company is producing metallic constructions used in bridge and vehicle production. We will write details about the procurement of properties in abroad on part of the Armenian minister of energy and natural resources in our next publications.