The hearing in the case on property of alleged illicit origin of Lyova Sargsyan and his wife was postponed

On 6 April, the Anti-Corruption Civil Court examined the claim of the General Prosecutor’s Office regarding confiscation of property and funds of allegedly illicit origin from Lyova Sargsyan, the brother of the 3rd President of the Republic of Armenia, Serzh Sargsyan, and Lyova Sargsyan’s wife, Armine Harutyunyan.

The Prosecutor’s Office believes that the amount equivalent to 9 million 408 thousand US USD is subject to confiscation from Lyova Sargsyan and his family members, of which only the amount of the deposit in the commercial bank is 6 million 800 thousand USD. According to the lawsuit, 9 acquisitions of real estate, 2 acquisitions of movable assets, as well as participations in 3 organizations were not justified with legal income. As for Lyova Sargsyan, the Prosecutor’s Office has considered illicit one real estate, a car, the amount of a deposit in a commercial bank – 3 million 500 thousand USD.

According to Iravaban.net, a few minutes after the session began, it was postponed due to the lack of familiarity with the materials of the representatives of the third parties.

The next court hearing was scheduled for 5 May.

Iravaban.net

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