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Former Yerevan Mayor Taron Margaryan faces confiscation of over 2 billion drams in assets, authorities say

Former Yerevan Mayor Taron Margaryan

© APA | Former Yerevan Mayor Taron Margaryan

# 19 November 2025 12:57 (UTC +04:00)

The former mayor of Yerevan, Taron Margaryan, and related individuals are required to have property and funds worth more than 2 billion drams confiscated, APA reports, citing Armenian media.

It is noted that assets and financial holdings registered under Taron Margaryan’s name have been frozen.

The prosecutor’s office stated that as part of the confiscation procedure, the financial activities of Margaryan and the associated individuals are being investigated, and investigative measures continue to identify additional cases.

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