Another claim filed by the Prosecutor General’s Office regarding the confiscation of property of illicit origin has been accepted for proceedings at the Anti-Corruption Court.

 

The Department for Confiscation of Property of Illicit Origin of the Prosecutor General’s Office has submitted a claim to the court demanding to confiscate from Valeriy Osipyan, the former Chief of the RA Police and a person affiliated with him in favor of the Republic of Armenia:

 

• 3 immovable properties located at Yerevan, two whereof are in Kentron Administrative District (the cadastral value approximated to the market value of the properties amounts to AMD 125,580,000);
• 1 movable property;
• AMD 48,000,000 as the remaining balance of illicit monetary funds;
• AMD 8,000,000 which is not substantiated by the person’s lawful income, has an illicit origin, has been transferred to a bona fide acquirer, or cannot be identified and confiscated.