1,568 real estate units and 356 movable assets subject to confiscation: Prosecutor’s Office summarizes performance

On March 7, 2026, an expanded meeting of the Board of the Prosecutor’s Office was held, chaired by the Prosecutor General of the Republic of Armenia, Anna Vardapetyan, during which the results of the Prosecutor’s Office’s activities for 2025 were summarized.

Deputy Prosecutor General Edgar Arsenyan presented the work carried out by the Department for Illicit Asset Confiscation of the Prosecutor General’s Office. According to him, in 2025 alone, the department initiated 157 studies and filed 42 lawsuits in court.

In the 38 lawsuits currently being examined, the Prosecutor’s Office is seeking the confiscation of 230 real estate units, 68 movable assets, and stakes in 76 legal entities in favor of the Republic of Armenia. The monetary claim for these 38 lawsuits amounts to 31 billion 540 million AMD, while the total claim value is 35 billion 993 million AMD.

According to Edgar Arsenyan, one settlement agreement was concluded in 2025, as a result of which 87 million 622 thousand AMD is subject to confiscation as illicitly-obtained property in favor of the Republic of Armenia. Out of this amount, 68 million 811 thousand AMD has already been confiscated.

It is worth recalling that from September 3, 2020—the date the Department for Illicit Asset Confiscation of the Prosecutor General’s Office was formed—to December 31, 2025, a total of 758 studies have been initiated.

As of March 1, 2026, the total number of lawsuits pending in courts is 166, with a total claim value of 612 billion 592 million 172 thousand AMD. Through these lawsuits, the Prosecutor’s Office is seeking to confiscate 1,568 real estate units, 356 movable assets, and stakes in 467 legal entities. The monetary claim totals 530 billion 697 million 870 thousand AMD.

It is noted that this figure may increase, as the market values of all properties have not yet been determined, and the values of the stakes in legal entities are also unknown.

Marina Grigoryan