4 publishers · first seen Thu, 29 Oct 2026 13:12 UTC · updated Sat, 31 Oct 2026 06:50 UTC
The Armenian Anti-Corruption Court has imposed restrictions on the assets of former ruling party lawmaker Arkadi Hambardzumyan, known as "Derzhava's Arkadi," and 22 associated individuals. Measures include freezing 84 immovable properties, 59 movable assets, 255 vehicles, 875 shares in various companies, full ownership stakes in 8 companies, partial stakes in 8 others, and monetary claims totaling 813,347,447 Armenian drams, 20,500 euros, and 249,375 US dollars. The individuals are barred from managing or disposing of the assets.
The enforcement follows court-issued execution orders over illicitly acquired property. Authorities have also placed under custody a residential house in Yerevan's Malatia-Sebastia district and a commercial facility registered under the legal entity "DERZHAVA-S" LLC, along with 7 other properties and 213 vehicles linked to the entity.
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