Armenian Daily Offers To Settle Libel Suit With Ex-President

RadioFreeEurope Sunday 27th February, 2011

YEREVAN -- A pro-opposition Armenian newspaper has offered to settle a libel lawsuit filed by former President Robert Kocharian's family over reports implicating it in large-scale business activities, RFE/RL's Armenian Service reports.In a series of articles published in September, the daily "Zhamanak" claimed that Kocharian was involved in lucrative imports of pharmaceuticals and owns a chain of drugstores through his wife, Bella. Citing an unnamed source, it also alleged that Kocharian's eldest son, Sedrak, had purchased a diamond mine in India.The former president's spokesman and legal counsel said Kocharian and his family members dismissed the reports as libelous. They sued the paper for defamation of character, demanding 6 million drams ($16,700) in compensatory damages.A "Zhamanak" l...

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