Armenian Prosecutors Seek to Seize Former Deputy Mayor's Assets
Armenian Prosecutors Want to Seize $637K of Assets from Former Yerevan Deputy Mayor
Armenia's Prosecutor General's Office has filed a request with the Anti-Corruption Court to seize approximately 230 million Armenian dram (roughly $637,000) in assets from Karen Davtyan, the former Deputy Mayor of Yerevan, and individuals connected to him. The seizure order targets over twenty properties and other holdings as part of an ongoing anti-corruption investigation. The case reflects continued efforts by Armenian authorities to pursue financial misconduct allegations against former government officials. Davtyan previously served in a senior administrative position in the capital city. The Anti-Corruption Court will review the prosecution's request to determine whether the asset seizure meets legal thresholds for approval.
