AMD 324mln transferred to public under settlement agreement
ArmInfo. Another settlement agreement was signed in the case of confiscation of property of illicit origin: property worth approximately 324 million drams was transferred to the Republic of Armenia.
According to the press service of the supervisory authority, a settlement agreement in the case of confiscation of property of illicit origin was signed for the transfer of property with an average market value of 323 million 800 thousand drams to the ownership of the Republic of Armenia, which was approved by a court decision on March 5, 2026.
On August 29, 2023, the Prosecutor General's Office filed a claim for confiscation of property of illicit origin in the Anti-Corruption Court against Manuk Hakobyan, assistant to the former head of the Abovyan community of Kotayk Province, Karapet Guloyan, and his wife. Previously, the criminal case investigated by the Anti-Corruption Committee against former head of the Abovyan community, Karapet Guloyan, with an indictment approved by the prosecutor, was transferred to court on November 6, 2025. By a court decision dated August 30, 2023, the claim was accepted for consideration.
As part of this case, on February 27, 2026, a settlement agreement was signed with the defendants, Manuk Hakobyan and his wife, at the Department for Confiscation of Illegally Acquired Property of the Prosecutor General's Office. According to the agreement, the defendant agreed to transfer the real estate included in the claim, with an average market value of 323 million 800 thousand drams, covering an area of approximately 20.6 hectares in the village of Kanakeravan, Nor Khachn community, Kotayk Province, to the ownership of the Republic of Armenia.
On the same day, an application for approval of the concluded settlement agreement was filed with the Anti-Corruption Court. On March 4, 2026, the Anti-Corruption Court decided to separate part of the case and hear it in a separate proceeding. On March 5, 2026, the Anti-Corruption Court issued a decision confirming the settlement agreement signed on February 27, 2026.
The civil case continues with respect to the claim for confiscation of other property included in the lawsuit.
