The 28th claim on the confiscation of property of illicit origin was accepted into proceedings

February 22, 2023

The Anticorruption court accepted the serial 28th 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 to the court aimed at confiscating from V. N., the former Deputy Mayor of Yerevan and people affiliated with him in favor of the Republic of Armenia.

 

In particular:

  

  • Three immovable properties in Yerevan, but in case of impossibility, the average market values, that is 309.750.000 million AMD, a movable property, the payments received from the leasing of immovable property until the factual execution  of case verdict,

 

  • 19.786.303 million AMD as a remnant of illegal incomes and means,

 

  • 8.258.347 million AMD, which isn’t substantiated by the legal incomes of person during 2013-2022, has illicit origin and has been transferred to a bona fide acquirer, or it is impossible to identify and confiscate in accordance with the legal regulation of Article 20, Part 4 of the RA Law “On Confiscation of Property of Illicit Origin” of the RA.