Property worth up to $40M may be confiscated from Armenia’s ex-deputy transport minister

The Armenian prosecutor’s office demands the confiscation of about 15.8 billion drams (about $39 million) from ex-Deputy Minister of Transport and Communications Hayk Chshmarityan, Report informs referring to Armenian media.

The petition was filed for the seizure, in particular, of seven units of real estate, one car, shares of two companies, and 5.767 billion drams ($14 million) in the form of property sold to buyers (not subject to seizure and should be confiscated from Chshmarityan himself).