8 Billion Dram Question: Armenian Court Investigates Gagik Beglaryan's Assets

Gagik Beglaryan's Assets Under Scrutiny in Armenian Court Case YEREVAN, Armenia – A court case involving the assets of former Yerevan Mayor and National Assembly member Gagik Beglaryan is underway. The prosecution estimates the value of Beglaryan's assets at approximately 8 billion drams, a sum that includes two luxury mansions. Authorities have launched an investigation into the origin and legality of these assets. "The prosecution is seeking the seizure of property and other assets that are suspected to be the result of illegal activity," stated a spokesperson for the Armenian Prosecutor General's office in an interview included in a recent video report. The spokesperson further explained that the investigation is ongoing and that further details will be released as they become available. The video report also includes footage of the properties in question, located in Yerevan and surrounding areas. The investigation involves a significant number of assets, including real estate and potentially other holdings. The case is currently before the court, and the outcome remains uncertain. The case highlights the ongoing efforts to combat corruption and ensure transparency in the handling of public funds in Armenia. The thorough investigation and legal proceedings demonstrate a commitment to accountability.