Former Armenian Ministry of State Revenue and Police official could  have his property and funds confiscated

ArmInfo.The Anti-Corruption Court of Armenia has accepted for review another case filed by the Prosecutor General's Office regarding the confiscation of illegally acquired assets from Mihran Vachikovich Davtyan, who held various positions in the RA Ministry of State Revenue and Police from 2000 to  2019, and individuals associated with him.

According to the supervisory authority, the Department for the  Confiscation of Illegally Acquired Assets of the Prosecutor General's  Office is demanding the confiscation of 14 real estate properties,  six vehicles, and participation in two legal entities from Davtyan  and his associated individuals for the benefit of the Republic of  Armenia.

According to the information, the confiscation also includes 792,000  drams invested in banks and $24,000 in deposits; 5 million drams in  claims on an outstanding loan; 270 million 151 thousand drams as the  remainder of illegally obtained funds; 796 million 825 thousand  drams, which is not justified by the legal income of the person, is  of illegal origin, was transferred to a bona fide acquirer or cannot  be identified and confiscated.