Fresh politics and government news from Armenia

Provided by AGP

Yerevan court prolongs detention of Russian-Armenian billionaire

(MENAFN)
A Yerevan court has prolonged the arrest of Russian-Armenian tycoon Samvel Karapetyan, a critic of Armenian Prime Minister Nikol Pashinyan, by two months, despite a recent ruling declaring his detention unlawful.

Karapetyan, who heads Moscow-based Tashir Group, was detained in June over alleged attempts to incite a power grab linked to his support for the Armenian Apostolic Church, which protested Pashinyan’s transfer of border villages to Azerbaijan.

His legal team condemned the decision as “illogical” and plans to appeal.

Karapetyan’s family has also filed a $500 million claim against the government following efforts to nationalize his energy firm.

MENAFN16082025000045017281ID1109936102

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:

Sign up for:

Political Times of Armenia

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.