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Октябрь
2024

14 real estate properties and over AMD 5 billion may be confiscated  from Serzh Sargsyan`s brother

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ArmInfo.The Prosecutor's Office demands the confiscation of 14 real estate properties, shares in 5  companies and over 5 billion drams from Alexander Sargsyan, the brother of the third president of Armenia, as well as his wife and two sons.

 As reported by the press service of the supervisory body,  the Anti-Corruption Court has accepted the prosecutor's office claim  for proceedings on September 30.  The agency demands 14 real estate  properties, 8 movable properties, participation in 5 legal entities  and cash totaling AMD 5 billion 092 million from former NA deputy  Alexander Sargsyan and persons affiliated with him.

Earlier it was reported that, in particular, the prosecutor's office  considers the 3-storey mansion on Tumanyan Street, 3 houses in the  center of Yerevan, 10 real estate units in the Kotayk region to be  illegal and demands that they be confiscated from Sargsyan and his  family members in favor of the state. The prosecutor's office has  examined Sargsyan's property acquired since 1995. All property  belonging to Alexander Sargsyan has been seized.