Court to seize assets from former president`s niece 

ArmInfo.  April 21, 2026. n April 21, 2026, Armenia's Anti- Corruption Court partially granted a lawsuit filed by the Prosecutor General's Office regarding the  confiscation of assets of illicit origin. According to the court's  ruling, assets deemed to be of illegal origin will be seized from Ani  Sargsyan, the daughter of Lyova Sargsyan and niece of Armenia's third  president, Serzh Sargsyan.

According to the press service of the Prosecutor General's Office,  the following assets are subject to forfeiture to the Republic of  Armenia:  39,341 shares in "Areni HPP" CJSC, an electricity  production company, a total deposit amount of $864,107, plus all  accrued interest up until the date of the ruling's execution, a  combined total of 10,200,549 AMD, plus accrued interest, along with  an additional 643,357 AMD identified in the proceedings,  and 4,853  EUR held in Ani Sargsyan's bank accounts.

Upon the judicial act taking legal effect, the following assets will  be officially transferred to the Republic of Armenia39,341 shares of  the "Areni HPP" electricity production company, $864,107 (principal  deposit) plus all interest accrued until the date of execution, 4,853  EUR plus all interest accrued until the date of execution and  a   combined total of 10,843,906 AMD, plus all interest accrued until the  date of execution.