Over the past 8 years, around $773 million in property and funds have  been returned to the Republic of Armenia

ArmInfo.  A land plot totaling 7,000 square meters, returned to the Republic of Armenia by a decision of the Anti-Corruption Court, has been transferred to the Ministry of Environment by a government decree to grant it to the  ArmForest State Non-Profit Organization (SNCO) for an indefinite  period. The decision was made at a cabinet meeting on March 19.

According to Minister of Territorial Administration and  Infrastructure David Khudatyan, the cadastral value of the property  (approximate to the market value) is approximately 417 million drams.

In turn, Prosecutor General Anna Vardapetyan  noted that five more  land plots in the area near the TV tower had previously been  transferred to the Ministry of Environment. "As of today, the  Ministry of Environment has been assigned six land plots, totaling  approximately 7.5 hectares, located in the area adjacent to the TV  tower on G. Hovsepyan Street in Yerevan, with a total cadastral value  of 3, 381,573,000 drams," Vardapetyan noted.

Anna Vardapetyan also touched upon the issue of the return of  property and funds to the Republic of Armenia in 2018-2025. "The  Prosecutor's Office has analyzed the data on the return of property  and funds to the ownership or possession of the Republic of Armenia  and communities during 2018-2025 within the framework of criminal  proceedings, cases resolved in court, claims and agreements to  protect state and community interests, prosecutorial measures, and,  since 2023, the  application of tools for the confiscation of  property of illegal origin. According to the data, during 2018-2025,  about 291 billion 726 million drams (about 773 million dollars) worth  of property and funds  were returned to the ownership or possession  of the Republic of Armenia and communities, with  65.8% or about 193  billion drams (about 504 million dollars) returned in 2023-2025,"   the Prosecutor General stated.