A rally in support of businessman Karapetyan was held in Yerevan.
A rally in support of businessman Samvel Karapetyan was held in Yerevan near the Anti-Corruption Court building. This was reported to Izvestia on November 17 by journalist Garik Abelian.
"People <... They demand his (Karapetyan's) release," the journalist said.
According to Abelian, the court session has ended, but the decision on the extension of the arrest is not yet known. At the same time, Karapetyan's Tashir Capital company had its license to manage Armenia's Electric Grids revoked.
On July 3, the Armenian parliament adopted in the final reading laws allowing the nationalization of the company "Electric Networks of Armenia", which belongs to Karapetyan. The opposition expressed its disagreement, which considers the process illegal. On July 15, the opposition political parties of the Armenian parliament appealed to the Constitutional Court (CC) demanding that the law on the nationalization of Karapetyan's Electric Grids be declared unconstitutional.
On July 23, Karapetyan defeated the Armenian government in the International Arbitration Court in the case of the nationalization of the "Electric Grids of Armenia", which belonged to him. Later, on November 6, Armenian Prime Minister Nikol Pashinyan linked the order of nationalization of the "Electric Grids of Armenia" with their cost. He also stated the need to maintain government involvement in key decisions.
Public Services Regulatory Commission (PSRC) On November 17, Armenia signed a document on revoking the license of the Electric Networks of Armenia Company (ENA), which is owned by Karapetyan. Four out of five members of the commission voted for the relevant decision. According to the CROW project, it will enter into force on November 21 of this year.
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