#CUT
Armenian Prosecutor General's Office recovers $30 million worth of illegally alienated property
Armenian Prosecutor General Anna Vardapetyan said today that within the framework of new powers delegated to her agency, law enforcement bodies managed to recover 8 real estate properties during 2023-2024 worth $30 million, which were alienated illegally.Armenian Ex-Gen. staff chief faces confiscation of $250K and $1.4M in property
The Prosecutor General's Office of Armenia is seeking the confiscation of over 97.37 million drams (approximately $247,000) and six properties with a combined market value of more than 545.68 million drams (around $1.38 million) from Artak Davtyan, the former Chief of the General Staff of the Armenian Armed Forces, and individuals affiliated with him.Armenian law-enforcers recover 937 million drams and property worth about 4 billion drams - Prosecutor General's Office
Armenian law enforcement bodies have recovered 937 million drams and property worth 4.1 billion drams within the framework of criminal cases related to confiscation of assets of illegal origin, the press service of the Prosecutor General's Office reports.ENA plans to rule out power cuts in the centre of Yerevan
Modernisation of the power network in the centre of Yerevan was discussed at the meeting of Mayor Tigran Avinian with Karen Darbinyan, Chairman of the Board of Directors of Electrical Networks of Armenia (ENA) and Karen Harutyunyan, General Director of the company.ENA plans to invest nearly $1.4bn by 2034 in development of Armenia's power grid.
Armenia's national energy distribution company Electrical Networks of Armenia (ENA) plans to increase total investment in the country's energy system to AMD 540 billion (over $1.38 billion) by 2034, ENA Director General Karen Harutyunyan told a press conference.Armenia's Central Bank remains conservative on rate cuts, partly due to overheated property market - Freedom Broker Armenia head
Armenia's Central Bank remains quite conservative on rate cuts, given the protracted period of deflation/low inflation, Freedom Broker Armenia CEO Hovak Hovakimyan said in comments to ARKA news agency on the Central Bank's decision to cut the refinancing rate again.Charges against ex-Armenian Economy Minister Vahan Kerobyan changed - lawyer
The charges against former Armenian Economy Minister Vahan Kerobyan were changed last week: the wording ‘public damage to the state’ was excluded from the indictment, Kerobyan's lawyer Vache Simonyan said.Law-enforcers terminate criminal prosecution of ex employees of Ministry of Economy after they confess guilt and repent
Armenian law-enforcement bodies have terminated criminal prosecution against a number of persons, who had been accused of commiting a set of abuses in the Ministry of Economy, Armenian Public Television reported, citing Prosecutor General's Office.EDB expects Armenian Central bank to continue refinancing rate cuts in the first half of 2024
The Eurasian Development Bank (EDB) said in its weekly macroeconomic review that it expects Armenia’s Central bank to continue the cycle of refinancing rate reductions in the first half of 2024, driven by stable inflation below the target range of the regulator.Central Bank cautious in lowering refinancing rate, says head of Freedom Broker Armenia
Against the backdrop of the latest deflationary quarter and weak single-digit inflation figures earlier, such rate cuts look very cautious, Freedom Broker Armenia CEO Hovak Hovakimyan told ARKA news agency when asked to comment on the Central Bank's decision to lower the refinancing rate.Citizen hands property worth over 2 billion drams to government in exchange for dropping criminal case against him
The Armenian Prosecutor General's Office reported today that a settlement agreement was signed on February 21 with citizen Galust Grigoryan as part of a criminal case on confiscation of property of illegal origin.Criminal prosecution initiated against ex-head of Yerevan district for illegal sale of kindergarten
Armenian prosecutors have initiated criminal prosecution against former head of Malatia-Sebastia administrative district of Yerevan, identified by his initials A.G. for illegal sale of the building of a kindergarten.News 1 - 20 of 191
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