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 Karen Ashot Avdalyan, Director of “AQUILA TECHNICS” LLC and a his affiliated person in favor of the Republic of Armenia:

• 2 immovable properties, one located in Yerevan and the other in the Ararat region;
• 7 movable properties;
• Participation in 1 legal entity;
• AMD 151,484,000 as the balance of illicit monetary funds;
• AMD 27,549,000, which are not justified by the person’s lawful income, have illicit origin, and were either transferred to a bona fide acquirer or cannot be identified and confiscated.