Pashinyan plans to nationalize electric networks belonging to detained Russian entrepreneur

Armenian Prime Minister Nikol Pashinyan has announced the intention to nationalize the electric networks owned by the previously detained Russian businessman Samvel Karapetyan.

Report informs via Armenian media that Pashinyan made the statement in a social media post regarding Karapetyan'e arrest, stating that the time for nationalizing the electric networks has come and that the process "will proceed quickly."

According to Report, Karapetyan's brother Karen and his son Narek were released following investigative actions.

Additionally, Armenian Ministry of Internal Affairs criminal police conducted a search at Karapetyan’s residence, detaining 45 individuals on the premises.