TODAY.AZ / Politics

Multimillion-dollar property of Armenian corrupt minister may be confiscated

23 May 2024 [14:00] - TODAY.AZ
The Anti-Corruption Court of Armenia has received a claim for the confiscation of the property of former Defence Minister Vigen Sargsyan.

As reports, citing with reference to the Armenian media, the total amount of movable and immovable property, as well as cash, which is required to be confiscated, is $ 29 million.

The assets to be transferred to the state account include property worth millions of dollars located in the centre of Yerevan and in the United States, as well as funds illegally acquired in 2004-2020.

The report also says that in order to dispel suspicions, Vigen Sargsyan registered part of his fortune in the name of his wife, Lusine Galazhian.

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