Today, the National Assembly approved the decision of former Communist Party MP Vladimir Vardanyan to become a Constitutional Court judge.
And what will Vardanyan own after leaving the National Assembly? We examined his property and income declaration, filed in 2025 and dating back to 2024, and noted that Vardanyan owns one apartment, which he inherited in 2001.
At the beginning of the reporting year, his outstanding loan amounted to 53,974,000 drams, and this amount remained unchanged at the end of the reporting year.
Currently, one of the Constitutional Court judge’s bank accounts holds 1,023,000 drams, which doubled to 2,417,000 drams by the end of the year. Another holds 267 euros, which totaled 1,310 euros by the end of the year.
Vladimir Vardanyan’s cash balance increased from $1,200 to $2,850, from 650,000 drams to 1,350,000 drams, and from 2,600 to 4,650 euros.
Vardanyan, a former member of the Constitutional Court, earned 15,968,000 drams in income for the reporting year.
The remaining principal balance of loans and borrowings received as of December 31 of the reporting year amounted to 48,052,000 drams, of which 47,469,000 drams is the mortgage amount for the new apartment.
It’s worth noting that Vardanyan’s assets are quite modest compared to those of some members of the Constitutional Court. We’ll see what he says next, now that he’s a Constitutional Court judge, whose salary is incomparably higher than that of a member of parliament, and how his new position will impact his quality of life.