Court may confiscate movable and immovable property, as well as  funds, from Karen Avdalyan, Aquila Technics LLC Director 

ArmInfo. The Anti-Corruption Court has accepted the Prosecutor General's Office's claim to  confiscate illegally obtained property from Karen Avdalyan, Director of AQUILA TECHNICS LLC, and an associated individual for review.

According to the supervisory authority, the prosecutor is requesting  the confiscation of the following in favor of the Republic of Armenia  of: two real estate properties, one located in Yerevan and the other  in the Ararat region, seven movable properties, one share in a legal  entity,  151,484,000 drams as the remaining illegally obtained funds,   and 27,549,000 drams, not confirmed by the person's legal income, of  illegal origin, transferred to a bona fide purchaser, or not subject  to identification and confiscation.

Recall, Aquila Technics LLC, a part of the Aquila Group and based at  Zvartnots International Airport, became the first Armenian company to  provide aircraft maintenance services in 2014. The company's goal is  to provide technical support to Armenia's civil aviation fleet  (including the presidential aircraft and Air Armenia) on a  contractual basis.