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

YEREVAN (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.
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 1,286 billion drams.