Arminfo.info


 Saturday, March 7 2026 11:45
Naira Badalian

AMD 324mln transferred to public under settlement agreement 

AMD 324mln transferred to public under settlement agreement 

ArmInfo. Another settlement agreement was signed in the case of confiscation of property of illicit origin: property worth approximately 324 million drams was transferred to the Republic of Armenia.

According to the press service of the supervisory authority, a  settlement agreement in the case of confiscation of property of  illicit origin was signed for the transfer of property with an  average market value of 323 million 800 thousand drams to the  ownership of the Republic of Armenia, which was approved by a court  decision on March 5, 2026.

On August 29, 2023, the Prosecutor General's Office filed a claim for  confiscation of property of illicit origin in the Anti-Corruption  Court against Manuk Hakobyan, assistant to the former head of the  Abovyan community of Kotayk Province, Karapet Guloyan, and his wife.  Previously, the criminal case investigated by the Anti-Corruption  Committee against former head of the Abovyan community, Karapet  Guloyan, with an indictment approved by the prosecutor, was  transferred to court on November 6, 2025. By a court decision dated  August 30, 2023, the claim was accepted for consideration.

As part of this case, on February 27, 2026, a settlement agreement  was signed with the defendants, Manuk Hakobyan and his wife, at the  Department for Confiscation of Illegally Acquired Property of the  Prosecutor General's Office. According to the agreement, the  defendant agreed to transfer the real estate included in the claim,  with an average market value of 323 million 800 thousand drams,  covering an area of approximately 20.6 hectares in the village of  Kanakeravan, Nor Khachn community, Kotayk Province, to the ownership  of the Republic of Armenia.

On the same day, an application for approval of the concluded  settlement agreement was filed with the Anti-Corruption Court. On  March 4, 2026, the Anti-Corruption Court decided to separate part of  the case and hear it in a separate proceeding. On March 5, 2026, the  Anti-Corruption Court issued a decision confirming the settlement  agreement signed on February 27, 2026.

The civil case continues with respect to the claim for confiscation  of other property included in the lawsuit.  

POST A COMMENT
Input digits     

News
Robert Kocharyan: Pashinyan’s government openly stole 60,000 PAP votes in Armenia`s electionsRobert Kocharyan: Pashinyan’s government openly stole 60,000 PAP votes in Armenia`s elections
The 10th International Conference on Radiation Physics Kicks Off at NAS RAThe 10th International Conference on Radiation Physics Kicks Off at NAS RA
Robert Kocharyan: The hastily launched case had one goal – to ban me from leaving the countryRobert Kocharyan: The hastily launched case had one goal – to ban me from leaving the country
MIA Rescue Service: Earthquake in Azerbaijan Felt in ArmeniaMIA Rescue Service: Earthquake in Azerbaijan Felt in Armenia
Lawyer: Administrative Court Grants AAC Petition, Deems Ministry of Internal Affairs Police Inaction at Surb Astvatsatsin Church UnlawfulLawyer: Administrative Court Grants AAC Petition, Deems Ministry of Internal Affairs Police Inaction at Surb Astvatsatsin Church Unlawful
Armenian Court Overturns Arrest Decision for Third President`s BrotherArmenian Court Overturns Arrest Decision for Third President`s Brother
"Prosperous Armenia", "New Power", and "Armenia" File Petition with Constitutional Court Demanding Annulment of Election Results
AraratBank: A New Rhythm of Life for Children with Hearing ImpairmentsAraratBank: A New Rhythm of Life for Children with Hearing Impairments
Wings of Unity party files petition with RA Constitutional Court for  invalidation of parliamentary elections results Wings of Unity party files petition with RA Constitutional Court for  invalidation of parliamentary elections results 
RA Deputy FM meets with Head of new EU Partnership MissionRA Deputy FM meets with Head of new EU Partnership Mission
Strong Armenia: We expect two outcomes from RA Constitutional Court  regarding elections: either calling second round or declaring them  invalidStrong Armenia: We expect two outcomes from RA Constitutional Court  regarding elections: either calling second round or declaring them  invalid
RA Investigative Committee presents reasons for detention of ex-MPRA Investigative Committee presents reasons for detention of ex-MP
RA premier attends opening ceremony of reconstructed Hakob Kojoyan  educational complexRA premier attends opening ceremony of reconstructed Hakob Kojoyan  educational complex
Artsakh model and 2022 Mrs. Europe vice-president Vera Safaryan dies  in traffic accidentArtsakh model and 2022 Mrs. Europe vice-president Vera Safaryan dies  in traffic accident
 Starting November 1, services related to process of obtaining  residence permit in Armenia to be digitalized Starting November 1, services related to process of obtaining  residence permit in Armenia to be digitalized
Opposition figure calls on Armenian citizens to sue premier for  slander over election bribesOpposition figure calls on Armenian citizens to sue premier for  slander over election bribes
Arrested NA candidate files lawsuit against CECArrested NA candidate files lawsuit against CEC
 Ex-premier considers opposition`s appeal to Constitutional Court  pointless Ex-premier considers opposition`s appeal to Constitutional Court  pointless
RA Constitutional Court decides on admissibility of application at  procedural hearing within two days of its filingRA Constitutional Court decides on admissibility of application at  procedural hearing within two days of its filing
 Golden Apricot brings iconic films from different eras back to big  screen Golden Apricot brings iconic films from different eras back to big  screen
Adoption of new Constitution to remain on ruling party`s agenda - rep Adoption of new Constitution to remain on ruling party`s agenda - rep 
Opposition MP: No political force or figure can resolve current  situation aloneOpposition MP: No political force or figure can resolve current  situation alone
Country for Life: Issues concerning Armenia`s future equally concern  Armenian DiasporaCountry for Life: Issues concerning Armenia`s future equally concern  Armenian Diaspora
 Dashnaktsakan: Ruslan Barseghyan arrested for two months on false and  fabricated charges Dashnaktsakan: Ruslan Barseghyan arrested for two months on false and  fabricated charges
Strong Armenia bloc files petition with RA Constitutional Court to  annul results of parliamentary electionsStrong Armenia bloc files petition with RA Constitutional Court to  annul results of parliamentary elections
Ameriabank has Completed Placement of USD 100M Perpetual BondsAmeriabank has Completed Placement of USD 100M Perpetual Bonds
Armenia, Bulgaria discuss developing cooperation in social protection  and labor migrationArmenia, Bulgaria discuss developing cooperation in social protection  and labor migration
Former MP Ruben Hakobyan reports his arrestFormer MP Ruben Hakobyan reports his arrest
Rescuers continue searching for 13-year-old girl in Pambak RiverRescuers continue searching for 13-year-old girl in Pambak River
National Assembly candidate from Strong Armenia bloc arrestedNational Assembly candidate from Strong Armenia bloc arrested
Frank Pallone Jr. introduces amendment blocking President from  exercising Section 907 waiver authorityFrank Pallone Jr. introduces amendment blocking President from  exercising Section 907 waiver authority
 Armenian ambassador to U.S. holds brief conversation with U.S.  Department`s Special Envoy for Monitoring and Combating Antisemitism Armenian ambassador to U.S. holds brief conversation with U.S.  Department`s Special Envoy for Monitoring and Combating Antisemitism
Russian MP: Moscow must take `principled position` on post-election  political situation in ArmeniaRussian MP: Moscow must take `principled position` on post-election  political situation in Armenia
UN General Assembly Resolution on the Role of the Policy of Neutrality Published in All Six Official UN LanguagesUN General Assembly Resolution on the Role of the Policy of Neutrality Published in All Six Official UN Languages
Will the Versailles Memorandum end the war?Will the Versailles Memorandum end the war?
Police Reform Coordination Council meeting held under the chairmanship of the Prime MinisterPolice Reform Coordination Council meeting held under the chairmanship of the Prime Minister
Heatwave approaching YerevanHeatwave approaching Yerevan
Artur Osipyan files lawsuit against Nikol PashinyanArtur Osipyan files lawsuit against Nikol Pashinyan
"Strong Armenia": The detention of David Kazinyan is a clear case of political persecution
RA Prime Minister reviews preparatory work for COP-17RA Prime Minister reviews preparatory work for COP-17
Artsakh Monuments: Azerbaijani authorities commit another act of vandalismArtsakh Monuments: Azerbaijani authorities commit another act of vandalism
Expert: Relinquishing the rights of the Armenian people has led to the advancement of Azerbaijan`s occupational agendas against Armenia.Expert: Relinquishing the rights of the Armenian people has led to the advancement of Azerbaijan`s occupational agendas against Armenia.
CSTO Secretary General: Striking Armenia`s voting rights over unpaid dues under discussionCSTO Secretary General: Striking Armenia`s voting rights over unpaid dues under discussion
Samvel Karapetyan: Armenia should not become a new anti-Russian strongholdSamvel Karapetyan: Armenia should not become a new anti-Russian stronghold
Zakharova: At NATO drills in Armenia, Armenian soldiers will be trained to fight against RussiaZakharova: At NATO drills in Armenia, Armenian soldiers will be trained to fight against Russia
Idram and Glovo Sign Memorandum of Cooperation in BarcelonaIdram and Glovo Sign Memorandum of Cooperation in Barcelona
ECHR published its first decision on cases related to four-day April  2016 warECHR published its first decision on cases related to four-day April  2016 war
Samvel Karapetyan announces opposition rally of `strength and trust`Samvel Karapetyan announces opposition rally of `strength and trust`
Czech Prime Minister: Confident Armenia to maintain its pro-Western  stanceCzech Prime Minister: Confident Armenia to maintain its pro-Western  stance
Zakharova: Russia sent a note of protest to Armenia over the act of  vandalism at the Zakharova: Russia sent a note of protest to Armenia over the act of  vandalism at the "Mother Armenia" memorial in Gyumri
PAP to apply to RA Constitutional Court for re-run of ballot at three  polling stationsPAP to apply to RA Constitutional Court for re-run of ballot at three  polling stations
Top Travel Destinations of 2026: IDBankTop Travel Destinations of 2026: IDBank
Famous statue of Vahagn the Dragon-Slayer to be moved from Isakov  Avenue to central YerevanFamous statue of Vahagn the Dragon-Slayer to be moved from Isakov  Avenue to central Yerevan
RA FM: When political alternative is ousted from parliament, it`s not  opposition that loses, but stateRA FM: When political alternative is ousted from parliament, it`s not  opposition that loses, but state
SRC officers discover 10 kg of marijuana smuggled from IranSRC officers discover 10 kg of marijuana smuggled from Iran
Grigoryan-Hajiev meeting took place at Armenian premier`s requestGrigoryan-Hajiev meeting took place at Armenian premier`s request
Political Scientist: As long as the opposition remains silent,  Pashinyan can use Plan B and secure a constitutional majorityPolitical Scientist: As long as the opposition remains silent,  Pashinyan can use Plan B and secure a constitutional majority
 RA approved ratification of protocol to CIS agreement RA approved ratification of protocol to CIS agreement "On the  Procedure for Investigating Occupational Accidents Involving Workers  Located Outside Their State of Residence"
In Armenia, individuals with disabilities and those over 63 to be  afforded employment opportunitiesIn Armenia, individuals with disabilities and those over 63 to be  afforded employment opportunities
 West widely used fake news to change political regime in Armenia in  2018 - Sergei Shoigu West widely used fake news to change political regime in Armenia in  2018 - Sergei Shoigu
Read more



Commented