POLICE EARN 11 MILLION DRAMS FORM PLATES AUCTION

YEREVAN, NOVEMBER 6, ARMENPRESS:Armenian police have earned 10.7 million Drams from the first ever auction of preferred license plates for owners of expensive cars. The move was said to rule out widespread corruption and nepotism in the distribution of number plates. The government decision became effective from September 1, obligating the Armenian traffic police to hold special auctions for the license plates. Under the government decisions, the police is assigned to define so-called “gold” number combinations, classify them into several categories and set their price ranges. The starting price of the most expensive category is 1.2 million drams ($3,500). The police said today to Armenpress that 21 buyers and 14 observers attended the first auction. Out of 50 number combinations 15 were sold bringing a total of 10, 7 million Drams. The next auction is to take place later this month.