  First verdict on confiscation of illicit property enforced January 27, 2025 - 15:13 AMT PanARMENIAN.Net - The first legally binding verdict on the confiscation of illicitly acquired property has been enforced, with assets valued at $750,000 and $190,000 being returned to the Republic of Armenia. The court ordered the confiscation of one apartment on Vardanants Street in Yerevan, one residential house in Arinj, Kotayk province, and monetary assets from Suren Vachiki Gabrielyan and affiliated individuals. The combined market value of the properties is approximately 300 million AMD (about $750,000), along with 56.6 million AMD (about $141,000) and €50,000. The investigation into Gabrielyan’s properties began on October 9, 2020, under the General Prosecutor’s Office. The Anti-Corruption Court received the case on April 17, 2023, and issued a ruling on July 15, 2024, fully satisfying the prosecutor's claims.   Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
