Armenia Seeks Forfeiture of Assets From Ex-Ayntap Mayor

26 SEP 2025 12:34

The Anti-Corruption Court has accepted into proceedings another lawsuit from the Prosecutor General's Office regarding the confiscation of property of illicit origin. The Department for Confiscation of Illegally Obtained Assets of the Prosecutor General's Office has submitted a claim to the court to confiscate from Karen Andranik Sargsyan, the former head of the Ayntap community in the Ararat region, in favor of the Republic of Armenia, as property of illicit origin:

13 real estate properties.
5 vehicles.
Participation in 1 legal entity.
216 million drams, which is not justified by the person's legal income, has an illegal origin, has been transferred to a bona fide acquirer, or cannot be identified and confiscated.