
Armenian Prosecutor General Wants to Seize Assests of Former Prosecutor General
Armenia’s Prosecutor General’s Office has filed a request with the Anti-Corruption Court to confiscate the following assets of former Armenian Prosecutor General Aghvan Hovsepyan and persons linked to him. Of note is that Hovsepyan once headed the country’s Investigative Committee.
* 29 pieces of real estate.
* Shares in eight legal entities.
* 2.551 billion AMD
Hovsepyan was arrested in 2021 on charges of embezzlement, bribery and money laundering.
Armenia’s Special Investigative Service (SIS) said at the time that while Hovsepyan served as Prosecutor General (March 2004-Sept. 2013) and Investigative Committee Chairman (July 2014-June 2018), he accepted a 190 million AMD bribe and embezzled 800 million AMD worth of property when he participated in the management of several limited liability companies.
Hovsepyan is also charged with laundering 1.3 billion AMD.
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