The Prosecutor General of Armenia is demanding the return of residential houses, a land plot, and other structures located on the shore of Lake Sevan, which, according to the agency, are illegally owned by the 'Multi Group' company.
According to the agency's press service, the Anti-Corruption Court has accepted the lawsuit to protect state interests.
The defendants in the case include the 'Beglu' company, the State Property Management Committee, the leader of the 'Prosperous Armenia' party and businessman Gagik Tsarukyan, the 'Multi Group' company, and the 'Sevan' National Park.
The Prosecutor General is asking the court to declare invalid the contract dated November 29, 1996, as well as a number of subsequent transactions and registration actions related to this property.
As a result, the Prosecutor General is demanding the return to the ownership of the Republic of Armenia of a land plot of 0.29114 hectares, as well as the real estate located on it: residential houses with a total area of 425.12 square meters, a pier with an area of 23.04 square meters, and a fence with an area of 100.8 square meters.
At the same time, the Anti-Corruption Court granted the Prosecutor General's request for interim measures. Until the case is heard on its merits, the defendants are prohibited from taking actions that may lead to a change of ownership of the disputed property or alteration of its actual state.
About the Tsarukyan Case
As part of the criminal proceedings concerning businessman and leader of the 'Prosperous Armenia' party Gagik Tsarukyan, another person has been arrested, and one has been detained.
Tsarukyan was detained on July 6. According to the investigation, a group of individuals organized by Tsarukyan was engaged in fraud and money laundering on a large scale. According to the case materials, they stole property worth over 8.1 billion drams (about $21 million) under the guise of developing trade relations with Iran in 2022-2024 and subsequently legalized the obtained funds.
On July 7, the court decided to arrest Gagik Tsarukyan for two months. According to the Investigative Committee, he was arrested on charges of large-scale fraud and money laundering.
