Anti-Corruption Court orders confiscation of assets from third  president Serzh Sargsyan

ArmInfo.Approximately 630 million drams, interest on deposits, real estate shares, and parking will be confiscated from the third president of the Republic of Armenia, Serzh Sargsyan, in favor of the state, as noted in a  statement issued by the press service of the Prosecutor General's  Office, emphasizing that the supervisory authority's demand was  partially satisfied.

According to the statement, on July 3, 2026, the Anti-Corruption  Court has partially granted its claim regarding the confiscation of  property of illicit origin from Armenia's third president, Serzh  Sargsyan, and his associates. Upon entry into legal force of the  court decision, the following assets are to be confiscated for the  benefit of the Republic of Armenia once the judgment enters into  legal force: 38% ownership of an apartment located on Teryan Street  in the Kentron (Center) district of Yerevan, one full parking space  and 38% ownership of a second parking space, both located on Teryan  Street in the Kentron district, bank deposits totaling 202,998,000  AMD, accrued interest on these deposits totaling 74,716,000 AMD, plus  additional interest accrued up to the date of the actual execution of  the court decision, as well as 352,438,000 drams.