Armenia’s Corruption Court is reviewing a petition filed by the country’s Prosecutor General Office (PGO) to seize millions of dollars of property and cash from former prime minister Hovik Abrahamyan.  

The PGO claims Abrahamyan acquired the assets illegally.

The properties in question have a market value of 1.6 billion drams (US$4.1m).

The PGO also wants to seize AMD 21 billion ($54m) in cash from Abrahamyan and his family.

Armenia’s Anti-Corruption Committee (ACC) recently charged Abrahamyan with illegally using his official powers to take control of a company engaged in sand mining in Armenia and receiving profits amounting to AMD 230.4 million (US$593,400).

The ACC, in a statement, claimed Abrahamyan used proxies to gain a 60% share of the company (Avazahatik) between 2006 and 2016.

Hetq, in a series of articles published in 2014, revealed the extent of Abrahamyan’s business empire in Armenia.

See: All in the Family: Armenian Prime Minister’s Booming Business Empire