March: 29, 2026
Why is the government trying to scare again with the old ones?
As the elections are approaching, the rumors about the looting of the former have been activated again. At one time, they came to power by exploiting the loot of their predecessors. They want to deceive the people this time too. They forgot that the times when they said whatever they wanted and the people accepted it instead of melted oil, have long passed.
For 8 years, they have been playing the same disc about the looting of the former, but the looting is not coming back. Instead, their loot comes to the surface. They have been busy looting the budget for eight years. The former would even dream of emptying the budget in such professional ways. After that, they hope that people will believe in the fairy tales woven by the former about the looting. Especially since they don’t see the return of that loot, and even more so, they don’t feel the result.
Meanwhile, at one time Nikol Pashinyan invented so many lies about the astronomical loot of his predecessors that people believed him and after bringing him to power, they hoped that he would return the loot of his predecessors and divide them. In eight years, not only did they not get a share of the loot, but they also did not see where the return of the loot was.
They have been talking about some billions for years, but the returned amounts are small.
In five years, the Department of Illegal Property Confiscation of the General Prosecutor’s Office brought back property and money equivalent to only 14.5 million dollars within the framework of illegal property confiscations.
Summarizing the works of the Department for the period of 2020-2025, we should note that within the framework of the authority to confiscate property of illegal origin, with 1 legally effective judgment and 9 reconciliation agreements, 9 immovable properties with an average market value of 4 billion 411 million 112 thousand 500 drams, 2 movable properties with an average market value of 26 million have been confiscated in favor of the Republic of Armenia. 100 thousand drams and 1 billion 13 million 281 thousand drams.
Thus, only within the framework of the Prosecutor’s Office’s authority to confiscate property of illegal origin, 5 billion 450 million 494 thousand 148 drams worth of property and money, which is equivalent to about 14 million 464 thousand US dollars, were confiscated in favor of the Republic of Armenia,” the General Prosecutor’s Office recorded in the expanded session of the panel held in early March.
This is all. And since the return of property of illegal origin, outside of the propaganda bubble, they failed, which is what their published data speaks of, they decided to save the situation in another way, they went back to 2018.
But that was not salvation either. It was another manipulation by which they tried to deceive the citizens.
“Indicators of properties and funds returned to the ownership or possession of the Republic of Armenia and communities in 2018-2025 through criminal proceedings, cases completed in courts, claims and settlements for the protection of state and community interests, prosecutorial intervention measures, and also from 2023, as a result of the use of the tools for the confiscation of property of illegal origin, were analyzed in the prosecutor’s office.
According to these indicators, during the years 2018-2025, around 291 billion 726 million drams (about 773 million dollars) of property and money were returned to the ownership or possession of the Republic of Armenia and its communities, of which 65.8 percent or about 193 billion drams (about 504 million dollars) of property and money were returned to the ownership or possession of the Republic of Armenia in 2023-2025. in order to dispel the sad moods, a few days later they published such a statement.
Against the background of regularly circulating announcements about the widespread and astronomical “loot”, the return of 773 million in 8 years, admit it, is a small amount. Especially, most of it is property, which they calculated in drams using their known methods and got such a number.
But that’s not the whole joke. What is being said about the recovery of the damage done to the state and communities has always happened. Even before the Communists came to power, damages amounting to billions of drams were being repaired annually. Do not create the impression that this is the case only now.
It is a process that is part of the work of the prosecutor’s office, and nothing unusual happened in this regard. The restoration of property and monetary damages of 773 million dollars is a common phenomenon. It is only about restoring the damage caused to the state as a result of law violations. Another thing is that now they only see the “illegalities and looting” of the former, they don’t see their own or they don’t want to see it.
They don’t see it, they think that the people don’t see it either.
They rob the state budget day in and day out. They decide that they will be given 20-25 thousand and sometimes up to 30 thousand dollars in bonuses at the expense of the budget.
Only with additional bonuses or incentives, more than 21 million dollars were distributed to government officials within 3 months. Individual officials received amounts up to 45-50 thousand dollars in 2 rounds during those 3 months.
This is not looting of state funds, what is it, whatever name they call it? It makes no difference how public funds are looted.
The calculation of the gratuity distributed under today’s rulers has long since been lost. But we are definitely talking about hundreds of millions of dollars.
They have created laws convenient for them in order to rob state funds.
They are talking about the looting of the former. In 8 years, almost 1.2 billion dollars were withdrawn from the state budget to solve the issues of their apartments. Instead of one, sometimes they bought several apartments at the expense of the state.
Isn’t it looting when the funds of the state budget are squandered left and right, and no one, including the law enforcement agencies, tries to get their hands on it? We are talking about misuse and waste of billions. They don’t see their looting, before the elections they have started playing the disc about the looting of the previous ones, which has been repeated a thousand times, and they are trying to frighten them with the return of the former “looters”. They do not understand that they can no longer deceive the people with this. They have long passed the previous ones, and if the people have reason to be wary, they should be wary of them first of all.
HAKOB KOCHARYAN
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Disclaimer: This article was contributed and translated into English by Hovik Karapetian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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