ArmInfo. Within the framework of the implementation of the Law "On Confiscation of Property of Illegal Origin", which entered into force a year ago, the General Prosecutor's Office of Armenia is simultaneously studying the cases of 270 persons.
According to the press service of the department, prosecutors have taken numerous actions aimed at comprehensive and effective performance of work, steps have been taken to prepare various government agencies, local government bodies, and a number of other organizations for them. As part of the research, the prosecutor's office sent about 2,200 inquiries, 165 instructions were given in the direction of operational-search activities. 30 applications for obtaining information on banking, credit, insurance, commercial or notarial secrets were submitted to the courts of first instance, which were satisfied. To determine the market value of property of illegal origin, the prosecutor's office ordered 14 examinations, 7 of which were completed.
The prosecutor's office reminds that, according to the law, the possibility of concluding amicable agreements with persons suspected of illegal enrichment is also being considered, provided that at least 75% of the value of the assets of illegal origin is returned to the state.
During the year, the prosecutor's office identified 90 real estate objects of illegal origin. 19 objects of movable property, equity participation of the accused in 21 companies, as well as cash totaling 21.7 billion drams (about $ 43 million).