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ARMENTEL'S EXEC OFFERS HIS RESIGNATION

Economy

Armentel’s Directorial Board accepted Saturday the company Exec Nicolas Yorghulas’s resignation.

He made no comments over easy-card-related imbroglio. Actually, Yorghulas was expected to be sacked two weeks later in case he didn’t resign voluntarily.

His deputy George Vasilakis appointed to the post of acting Executive director.

The company stocks are to be sold by auction. All the receipts from the sale are to be given to Armenian government.