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Prosecutor General's Office demands to confiscate 8 immovable properties, 5 transportation means and AMD 5,5 billiard from the former NA Deputy Arkadi Hambardzumyan and affiliated persons

09/04/2025

On April 3, 2025, the Anti-Corruption Court accepted for proceedings the another appeal filed by the Prosecutor General's Office referring to the confiscation of property of illegal origin.

 

The Department for the Confiscation of Property of Illegal Origin of the Prosecutor General's Office has filed a claim to the court to confiscate from the former NA Deputy Arkadi Hambardzumyan and his affiliated persons in favor of the Republic of Armenia:

 

  • 8 immovable properties in Yerevan;
  • 5 transportation means;
  • 1 market price of transportation means;
  • Participation in 8 legal entities;
  • AMD 138 million 452 thousand for the right to demand a loan
  • AMD 463 million 146 thousand as a remnant of illegal monetary means;
  • AMD 3 billiard 980 million 583 thousand not justified by legal income transferred to bona fide third parties, which is impossible to identify and confiscate.