Prosecutors In No Rush To Seek First Asset Seizures Ապրիլ 01, 2021 Կիսվել Տարածել Տպել A senior prosecutor indicated on Thursday that Armenian law-enforcement authorities will likely wait until the end of this year before trying to confiscate assets of former officials suspected of illegal enrichment. A controversial law enacted by the Armenian government last year allows prosecutors to seek asset forfeiture in case of having “sufficient grounds to suspect” that the market value of an individual’s properties exceeds their “legal income” by at least 50 million drams ($95,000). Courts can allow the confiscation of such assets even if their owners are not found guilty of corruption or other criminal offenses. The latter will have to prove the legality of their holdings if they are to retain them.