A Yerevan court today finished the hearing into a libel lawsuit filed by the family of Armenia's former President Robert Kocharian against "Zhamanak" daily.
Representatives of Kocharian's family did not agree to meet the newspaper halfway saying the paper continues demonstrating unconscientious attitude towards the family.
In a series of articles published in September, the "Zhamanak" daily claimed that Kocharian is involved in lucrative imports of pharmaceuticals and owns a chain of drug stores through his wife Bella. Citing an unnamed source, it also alleged that Kocharian's elder son Sedrak has purchased a diamond mine in India.
Kocharian and his family members dismissed the reports as a fraud through the ex-president's spokesman and legal counsels. They sued the paper for defamation of character, demanding 6 million drams in compensatory damages (3 million drams for court expenses and another 3 million for moral damages).
Nikolay Baghdasarian, a lawyer of "Zhamanak" daily, dismissed the accusations saying their reports did not contain any libel or personal offense.
The verdict will be announced on May 5.
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Source: The Armenian News by A1+
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