Taron Margaryan's Assets and Funds Seized by Prosecutor's Office

The assets and financial resources of National Assembly member and former mayor of Yerevan, Taron Margaryan, have been seized. This was reported by the Prosecutor's Office of Armenia.

The Prosecutor General's Office is demanding the confiscation of more than 2 billion drams of assets and funds from Taron Margaryan and individuals associated with him, based on a lawsuit for the confiscation of illegally obtained property.

It should also be noted that the prosecutor submitted the criminal case materials against Taron Margaryan to the court on September 8, 2025.

Public criminal proceedings were initiated against Margaryan for the period from July 6, 2009, to November 15, 2011, when he served as the deputy mayor of Yerevan and from November 15, 2011, to July 9, 2018, as the mayor. He is accused of abusing his official powers due to selfish and personal interests, and, with the assistance of other individuals, of utilizing his governmental and official powers to legalize property acquired through criminal means, as well as failing to apply administrative liability against individuals who unlawfully seized state-owned land.

The criminal case is currently in the preliminary hearing phase.