The Prosecutor's Office demands the return of residential houses and buildings located in the coastal area of Lake Sevan, currently under the illegal control of "Multi Group" concern LLC, to the Republic of Armenia. The state interest claim has been accep

08-07-2026 11:20 Armenia Press release

The Anti-Corruption Court has accepted the lawsuit of the Prosecutor General's Office against "Beghlu" LLC, the State Property Management Committee, Gagik Tsarukyan, "Multi Group" Concern LLC, and the "Sevan" National Park SNCO (hereinafter referred to as SNCO) regarding the annulment of the contract No. 111-2 dated November 29, 1996:

As a result, the Prosecutor General's Office demands the annulment of the following:

• The state registration of rights based on the contract for a land plot of 1.21 hectares and a wooden house No. 7 with an area of 60 square meters,

• The real estate sale contract concluded between "Beghlu" LLC and Gagik Tsarukyan on September 8, 2000,

• The agreement on amending the aforementioned contract dated January 12, 2001,

• The lease agreement concluded between the SNCO and "MULTI GROUP" CONCERN LLC registered under No. 4462 in the registry on November 25, 2025, and the state registration of rights conducted on November 28, 2025:

As a result, to return the land plot of 0.29114 hectares, the buildings and structures constructed on the land plot, namely, residential houses with an area of 425.12 square meters, a marina with an area of 23.04 square meters, and a wall with an area of 100.8 square meters, from the illegal possession of "Multi Group" Concern LLC to the ownership of the Republic of Armenia.

The Anti-Corruption Court has granted the Prosecutor's request for securing the lawsuit; the respondent is prohibited from taking actions that would lead to a change in the ownership of the properties mentioned in the lawsuit or a change in their actual condition:

* This text was automatically translated by Artificial Intelligence (AI).

Noyan Tapan | Press release