Armenia’s anti-corruption court orders to confiscate around AMD 1.3 bn, property from family of Gagik Tsarukyan

The court order may be appealed within 30 days

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YEREVAN, July 2. /ARKA/. Armenia’s anti-corruption court ordered to confiscate over 1.286 billion drams in cash, real estate property and shares of corporate stock from the daughter and the son-in-law of Gagik Tsarukyan, the leader of the Prosperous Armenia party and one of the country’s richest people, the court reported on Tuesday.

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Karapet Guloyan, Tsarukyan’s son-in-law and the former mayor of Abovyan, and his wife Roza Tsarukyan will lose real estate in Arinj and Tsaghkadzor, 2.000 shares in Acba Bank, $264.000 worth of loan, and over 1.286 billion drams.

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The court order may be appealed within 30 days.

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