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Russian-Armenian business magnate Samvel Karapetyan has announced the formation of a new political force. The statement was published by his nephew, Narek Karapetyan.
According to Karapetyan, they aim to create a fundamentally new political force. He announced his respect for other political parties and figures, stating: “However we have our own vision for building a better future for Armenia. We will follow our own path with a new team, while not ruling out political cooperation with like-minded individuals. We will strive to unite our people around just and great goals.”
Karapetyan also noted that the process of forming the political team has already begun.
On June 17, Karapetyan, a Russian-Armenian billionaire and owner of the Tashir Group, accused the Armenian government of conducting an anti-church campaign, declaring that he would intervene “in his own way” to stop it. Authorities said his statements made in Yerevan amount to a threat to seize power. As a result, investigators filed criminal charges against him for “publicly calling for the usurpation of power.” A court subsequently approved a two-month pre-trial detention. Karapetyan has denied any wrongdoing.