YEREVAN, July 8. /TASS/. Armenian President Vahagn Khachaturian has signed a law allowing the nationalization of Electric Networks of Armenia CJSC, owned by Russian businessman Samvel Karapetyan, who was arrested in Yerevan. The decree is published on the website of the head of state.
Earlier in the day, security forces took away the head of the Board of Directors of Electric Networks of Armenia CJSC, Karapetyan's nephew Narek Karapetyan, after a search.
TASS has compiled the key facts about the situation.
- The president of Armenia signed a law allowing the nationalization of CJSC Electric Networks of Armenia, owned by Karapetyan.
- The president of Armenia decreed to amend the law "On the Public Services Regulatory Authority," to amend and introduce additions to the law "On Energy."
