Former MP’s illegal property to be confiscated

The Anti-Corruption Court has admitted for proceedings another lawsuit from 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 request to the court to confiscate certain property and assets from Karen Avagyan, a former Member of Parliament from the “Republican” (RPA) faction of the National Assembly, in favor of the Republic of Armenia.

According to the submitted claim, it is planned to confiscate 10 real estate properties from the former MP, 3 of which are located in the Kentron administrative district of Yerevan, as well as 12 million 718 thousand drams as the balance of illegal monetary funds.

Marina Grigoryan