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    Categories: 2018

Armenian first vice premier seeking world bank’s support in returning stolen public assets

ARKA, Armenia
Aug 10 2018

YEREVAN, August 10. /ARKA/. Ararat Mirzoyan, the First Vice Premier of Armenia, has asked the World Bank to assist the Armenian authorities in their efforts to bring the financial resources illegally taken from the country back. 

“It is not secret that in corrupted societies the financial means accumulated through corruption, embezzlement and other illegal ways are very often taken from the country and moved to other countries for relatively safe harbor,” Mirzoyan posts on his Facebook page. “To put an end to this vicious practice and return the stolen public assets, the World Bank and UNODC have created the Stolen Asset Recovery Initiative instrument.”

The first vice premier said that he has launched the stolen property return process by filing a written request to the World Bank to receive Stolen Asset Recovery Initiative consulting and technical support. –0— 

Vicken Chmshkian: