Amount of sums confiscated by SCECA almost doubles in 2008<br /> as compared with previous year<br />


Amount of sums confiscated by SCECA almost doubles in 2008
as compared with previous year

  • 17-03-2009 22:00:00   | Armenia  |  Economy
YEREVAN, MARCH 17, NOYAN TAPAN. A total of 6 billion 780 million 663 thousand drams (about 1 million 822 thousand USD) was confiscated by the Service for Compulsory Enforcement of Court Acts (SCECA) in 2008, which exceeds almost twofold the 2007 index - 3.7 billion drams. According to a press release of SCECA, the number of quashed and completed procedures doubled in 2008 on 2007: in 2007 their number made 38,718, while in 2008 there were more than 73,000 procedures. At the same time, there was no increase in the number of employees. The growth in confiscated sums was mainly due to a growth in sums confiscated in favor of natural and juridical persons. The amount of confiscations in favor of the state budget grew by 28% to 1.371 billion drams, while the amount of confiscations in favor of natural and juridical persons almost doubled and made 5.409 billion drams.
  -   Economy