The Anticorruption Court accepted the serial claim into proceedings on the confiscation of property of illicit origin.

 

The Department for Confiscation of Property of Illicit Origin of the Prosecutor General’s Office made a demand aimed at confiscating in favor of the Republic of Armenia the property of illicit origin with 11 billion AMD from M.S., the former Deputy of the National Assembly, the former Governor of Erebuni Administrative District and 3 people affiliated with him.

 

In particular:

 

• 21 immovable properties in Yerevan, one immovable property with average market value, one immovable property in Kotayk region, one transport vehicle, but in case of impossibility, the average market values, that is more than 2.3 billion AMD (certain properties haven’t been estimated yet),

 

• participation in eight legal entities and the right to claim a loan,

 

• Also, more than 8.6 billion AMD is subject to confiscation, that is the total amount of money not validated by legal incomes and considered as a remnant of illegal income and transferred to a bona fide acquirer.