Zhoghovurd daily has published a summary of the declarations of Yerevan Civil Court judge Ashot Hovhannisyan, covering his property, income, cash holdings and loan obligations. The report reviews both the declaration filed when he took office and his annual declaration for 2025.
According to the newspaper, Hovhannisyan declared no real estate or vehicles when he assumed office. In the declaration submitted in 2021, his total income was listed at 109 million 651 thousand 933 drams. Of that amount, 64 million 347 thousand drams were reported as income from the disposal of property.
The same declaration also showed 37 million 949 thousand 950 drams in borrowings received from Ardshinbank CJSC. Of that total, 500 thousand drams and 37 million 449 thousand 950 drams were listed as separate transactions. Income received from Ardshinbank CJSC in the form of salary and equivalent payments amounted to 5 million 703 thousand 298 drams.
In addition, the payment received from the Russian-Armenian Center for Humanitarian Response SNCO for rent totaled 663 drams, while other income received from the State Revenue Committee of the Republic of Armenia amounted to 1 million 651 thousand 22 drams. As of September 25, 2021, he declared cash holdings of 20 million drams, 100 thousand US dollars and 15 thousand euros, as well as 189 thousand 44 drams and 4 thousand US dollars in bank accounts.
The publication says that when he took office Hovhannisyan also held Ardshinbank CJSC bonds valued at 27 million 165 thousand 105 drams. At the same time, the outstanding principal of his loan obligations stood at 37 million 773 thousand 557 drams, of which 37 million 277 thousand 840 drams were linked to the acquisition of an apartment, while 495 thousand 717 drams were listed as a separate loan obligation.
Data from the 2025 declaration
In his 2025 declaration, Ashot Hovhannisyan again reported no real estate or vehicles. His total declared income came to 21 million 762 thousand 111.1 drams. Of that, 13 million 84 thousand 150 drams were received from the staff of the Supreme Judicial Council as salary and equivalent payments.
Income from other civil-law contracts with Ardshinbank CJSC amounted to 4 million 686 thousand 749.5 drams, while other income from the Ministry of Finance of the Republic of Armenia totaled 3 million 558 thousand 118 drams. The declaration also lists 100 thousand drams and 137 thousand 367.8 drams received from Global Blue, 9 thousand 766 drams from Planet Tax Free, 13 thousand 959.8 drams from TAX REFUND S.R.L., and a further 72 thousand drams in other income from the staff of the Supreme Judicial Council.
At the start of the year, the balance in the judge’s bank account stood at 1 million 922 thousand 224.1 drams, falling to 1 million 401 thousand 224.8 drams by year-end. For cash holdings, he declared 110 thousand dollars, 22 million 500 thousand drams and 16 thousand 500 euros at the start of the year, and 80 thousand dollars, 28 million 500 thousand drams and 18 thousand euros at the end of the year. That means his cash dollars decreased by 30 thousand dollars during the year, while dram holdings increased by 6 million drams and euro cash rose by 1,500 euros.
As of December 31, 2025, the outstanding principal on the loan stood at 34 million 671 thousand 965 drams. The declaration states that the purpose of the loan is linked to a purchase right. In 2025, payments directed toward servicing the loan totaled 5 million 56 thousand 926.2 drams.
The newspaper said the figures were taken from official declarations filed by public officials.
