Another claim of the Prosecutor General’s Office for confiscation of property of illicit origin was admitted for proceedings by 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 the confiscation of the following properties  from Aghvan Vardanyan, Member of the National Assembly of the Republic of Armenia and former Minister of Labour and Social Affairs of the Republic of Armenia, and persons affiliated with him, in favour of the Republic of Armenia:

Ø  3 immovable properties;

Ø  income received from the lease of 1 immovable property;

Ø  1 vehicle;

Ø  participation in 3 legal entities;

Ø  2 bank deposits and the interest accrued thereon;

Ø  AMD 43 million 65 thousand as the remaining amount of illicit income;

Ø  AMD 192 million 99 thousand, which is not substantiated by the person’s lawful income, is of illicit origin, has been transferred to a bona fide acquirer, or cannot be identified and confiscated.