How Much Property Has the Prosecutor General's Office Requested to Recover? Who Has Paid What?

The Department for the Confiscation of Illegally Acquired Property of the Prosecutor General's Office of Armenia has concluded four settlement agreements to date. This information was provided by the agency in response to a written inquiry from Sputnik Armenia.

The media outlet had asked how much property the Prosecutor General's Office has requested to have returned and how much the accused individuals have agreed to transfer.

The agency presented the names of the individuals with whom settlement agreements have been reached, indicating the amounts they paid and the quantity of property involved.

1. Former First Deputy Director of the National Security Service's Protection Service (former head of the security detail for the third President of Armenia, Serzh Sargsyan) Vachagan Ghazaryan and associated individuals have transferred four immovable properties located on Isakov Avenue to the Republic of Armenia for a total market value of more than 2 billion AMD. The respondents have partially accepted the claim while the remaining portion of the case is still under examination in the Anti-Corruption Court.
2. Director of the Armenian Football Federation's 'Technical Center-Academy' LLC, Arthur Manukyan, has transferred to the City of Yerevan a property located on Zarav Aghbyur Street, with a market value of over 86 million AMD, which accounts for 85.2 percent of the total market values of the illegally acquired four immovable and movable properties identified through investigation, as well as cash funds.
3. Former Head of the Erebuni Administrative District Armen Harutyunyan and associated individuals have transferred to the state one movable and one immovable property with a total value of 16.4 million AMD, as well as 28.7 million AMD in cash. This constitutes 75.01 percent of the value of the illegally acquired property demanded by the Prosecutor's Office.
4. Former Director of the 'Lusanashen' Municipal Institution Eduard Harutyunyan has transferred 50 million AMD to the state, representing 79.58 percent of the value of the real estate and illegally obtained funds requested by the Prosecutor's Office.

It is noted that in November 2023, Prosecutor General Anna Vardanyan announced that the overall claim presented by the Prosecutor's Office for illegally acquired property exceeds 500 billion AMD.