The Prosecutor’s Office demands to confiscate real and movable property and approximately AMD 194 million from former Head of the Gugark Division of the SRC Asatur Sahakyan in favour of the State

The Anti-Corruption Court has admitted for consideration another claim 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 submitted a motion to court to confiscate from Asatur Hamlet Sahakyan, who previously held the position of Head of the Gugark Division of the Department for Combating Smuggling and Secondary Customs Control of the State Revenue Committee, and persons affiliated with him in favour of the Republic of Armenia:

  • 2 immovable properties located in Yerevan;
  • 4 vehicles;
  • interests in 4 legal entities;
  • AMD 183 million 561 thousand as the remaining balance of funds of illicit origin;
  • AMD 10 million 566 thousand, which cannot be 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.