The Anti-Corruption Court has accepted into proceeding another lawsuit filed by the Prosecutor General’s Office concerning the confiscation of property of illicit origin.

The Department for Confiscation of Property of Illicit Origin of the Prosecutor General’s Office has filed a claim with the court seeking, to confiscate in favor of the Republic of Armenia from Karen Davtyan /father’s name: Derenik/, former Deputy Mayor of Yerevan City and former Deputy Chairman of the State Committee of the Real Estate of Cadastre adjunct to the Government of the Republic of Armenia, as well as persons affiliated with him:

Ø  14 immovable properties, 9 of which are located in Kentron Administrative District of Yerevan city;

Ø  the right to purchase 1 immovable property located in Kentron Administrative District of Yerevan city;

Ø  8 vehicles;

Ø  participation in 10 legal entities;

Ø  AMD 105.171.000 as the remaining balance of funds of illicit origin;

Ø  AMD 124 million, which cannot be substantiated by the person’s lawful income, is alleged to be of illicit origin, has been transferred to a bona fide purchaser, or cannot be identified and confiscated.