Samvel Karapetyan's nephew announced the businessman's imminent return home

Russian businessman Samvel Karapetyan will be released from custody in the near future. This was announced on January 17 by his nephew Narek Karapetyan.

"Samvel Karapetyan will be home tomorrow," he wrote on Facebook (owned by Meta, recognized as extremist in the Russian Federation).

Narek Karapetyan added that the struggle for the businessman's release was conducted for the sake of a "peaceful and strong homeland."

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Karapetyan's detention became known on June 18 last year. He was charged with calling for the seizure of power in Armenia, after which he was arrested.

On July 3, the Armenian parliament adopted in the final reading laws allowing the nationalization of the company "Electric Networks of Armenia", which belonged to Karapetyan. The opposition expressed disagreement, considering 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.

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.

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