Former MP Arakel Movsisyan was declared bankrupt by a court decision. Iravaban.net learned from the judicial information system.
Ameriabank has filed a lawsuit to declare the former MP bankrupt. Arakel Movsisyan owes more than 26 million drams to the bank, which he could not pay.
100,000 AMD will be confiscated from Arakel Movsisyan in favor of Ameriabank as compensation for the state duty.
It should be noted that the court decided to seize Movsisyan’s property, except for the property, which cannot be confiscated by law.
