The court transferred the Ararat brandy factory of Gagik Tsarukyan…

The court transferred the Ararat brandy factory of Gagik Tsarukyan to the jurisdiction of Armenia.

Consensus

The Anti-Corruption Court of Armenia transferred control of the 'Ararat' distillery to the state.
The factory, formerly owned by Gagik Tsarukyan, is part of a legal proceeding concerning property of illicit origin.
Tsarukyan was arrested on July 6, 2024, and held in pre-trial detention.
The court's decision was made in response to a prosecution request filed by the Armenian General Prosecutor's Office.
The factory was transferred under the management and custody of the Republic of Armenia through the Ministry of Economy.
The case involves allegations of large-scale fraud and money laundering by Tsarukyan and associates.
The prosecution seeks to confiscate assets including real estate, vehicles, and shares in 38 companies.

The court's action was an interim measure, not a final confiscation. — tg_theinsider
The court previously transferred control of 'Araratcement' to the state in mid-July. — kommersant
The prosecution filed the lawsuit on July 29, 2024. — vesti
The investigation involves alleged fraud and money laundering totaling over $22 million from Iranian citizens, related to import ventures in vehicles, machinery, and fuel. — interfax
Lions and a tiger from Tsarukyan's private zoo were seized in early July. — interfax