CONFISCATIONS DOUBLED

A1+
12:33 pm, 17 March, 2009

In 2008, the Service for Compulsory Enforcement of Judicial Acts
of the RA Ministry of Justice has confiscated a total of 6 billion
780 million 663 thousand drams, which is almost twice the amount in
comparison with 2007 (3.7 billion).

As press speaker for the SCEJA informs, the number of quashed or
terminated cases has doubled during the past year. Whereas there were
38,718 cases in 2007, there were 72,000 cases in 2008.

The growth of confiscations is due to the growth of confiscations
in favor of physical and legal persons. Whereas the number of
confiscations on the account of the state budget increased by nearly
28 percent and reached the 1,371 billion dram mark, confiscations
in favor of physical and legal persons increased by more than double
and reached the 5,409 billion dram mark.

The press speaker for the SCEJA claims that the high-level executive
for 2008 was secured as a result of the working style within the
framework of the laws.