Prosecution demands forfeiture of assets of former SRC customs inspector
The Prosecution is requesting the court to forfeit, in favor of the Republic of Armenia, the property and funds of Samvel Hovesyan, the former Chief Customs Inspector of the “Araratyan” Customs House-Administration of the State Revenue Committee (SRC), and an affiliated person.
Specifically, the lawsuit concerns the forfeiture of three real estate properties, one right to acquire real estate, one vehicle, participation (share) in one legal entity, as well as an invested deposit amount of over 30 million AMD. The Prosecution also demands the forfeiture of the illegal portion of a loan claim right amounting to approximately 1.7 million AMD, as well as around 945 thousand AMD as the balance of illegal income.
In addition, the Prosecution demands the forfeiture of an invested deposit of over 30 million AMD, the illegal portion of a loan claim right of around 1.7 million AMD, as well as 945 thousand AMD as the balance of illegal income.
The claim also includes a demand for approximately 22.6 million AMD, which, according to the Prosecution, was not justified by Hovesyan’s legal income during the period of 2017–2025. It is noted that this sum is not justified by the person’s legal income, is of illegal origin, has been transferred to a bona fide acquirer, or cannot be identified; on this basis, the court is proposed to apply the legal regulations provided by the Law “On Forfeiture of Assets of Illicit Origin.”
The case is being examined within the framework of the Law “On Forfeiture of Assets of Illicit Origin.” The court will discuss the submitted demand in the near future and clarify the further procedural course.