ArmInfo.In Armenia, illegally acquired property worth more than 50 million drams can be confiscated in favor of the state. The draft law developed by the RA Ministry of Justice became the subject of public discussions held in Yerevan on October 15 during the Round Table. RA Deputy Minister of Justice Srbuhi Galyan said that the bill defines the concept of "illegally acquired property".
At the first stage, all cases related to this type of property will be considered by the court on the proposal of the prosecutor's office, but in the future this right will be transferred to the created anti-corruption courts. "This is a civil law process, not aimed at punishing a citizen," the deputy minister said. According to her, the basis for filing a lawsuit may be certain actions or the status of a citizen. For example, it can be a guilty verdict giving the grounds to assume that the property was acquired illegally - by participating in criminal gangs, illegal arms and drug trafficking, trafficking, and the corruption nature of the crime. In relation to officials, there will be operational information on the availability of illegally acquired property. To initiate the process of confiscation of property, the law establishes a difference of 50 million drams between income and property. At the same time, the deputy minister pointed out the possibility of retroactive effect of the law. At the same time, the fact of the presence of property acquired illegally, but subsequently transferred or sold to quite respectable third parties, does not exempt a person from confiscation of property. Moreover, the property will be valued at current market prices. This option was chosen because the imbalance between prices and salaries is obvious 15 years ago and now. "The authorized body in the person of the prosecutor's office does not initiate the process immediately after receiving operational information. First, studies are carried out, and only then, if necessary, legal proceedings are started by going to court," Galyan said, adding that the law will not be part of transitional justice, but will act indefinitely.