Armenian PM: Nationalization plan for Electric Networks of Armenia CJSC is ready

YEREVAN, June 24. /ARKA/. The nationalization plan for Electric Networks of Armenia CJSC is ready, Armenian Prime Minister Nikol Pashinyan said.

"We will move to the practical stage very soon. The processes will be carried out in accordance with the legislation of the Republic of Armenia," Pashinyan wrote on social networks.

Electric Networks of Armenia CJSC is part of the Tashir Group of Companies, which is owned by businessman and philanthropist Samvel Karapetyan.

ENA manages medium and low voltage distribution networks in Armenia. On the criminal prosecution of Samvel Karapetyan Earlier, Karapetyan visited the Catholicos of All Armenians in Echmiadzin in connection with the attacks of the Armenian authorities on the AAC and the clergy and expressed his support to the Patriarch. He noted that the current unacceptable situation will be resolved through the participation of political figures.

"If the politicians fail, we will take part in this in our own way," Karapetyan said. After this, Armenian Prime Minister Nikol Pashinyan wrote several harsh posts on social networks regarding Karapetyan. A few hours later, Karapetyan was detained by security forces in his Yerevan mansion.

As part of the criminal case, he was charged with "public calls to seize power." By a court decision, he was arrested for 2 months. Karapetyan's lawyers say that their client does not admit the charges and have filed a motion to appeal the arrest. The lawyers are also preparing a complaint to the ECHR against Armenia.