"The process clearly has political motivations." Tashir Group of Companies

The Tashir Group of Companies has expressed concern over the developments of recent days.

"Yesterday, July 8, as part of the investigative actions being carried out at the head office of the Electric Networks of Armenia CJSC, Narek Karapetyan, the Chairman of the Board of Directors of the Company, was brought to the building accompanied by representatives of law enforcement agencies. At the moment, he is not under arrest, does not have a clearly defined status and is awaiting possible interrogation."

We confirm that searches and investigative actions took place at the office of "ENA". The company's management and employees cooperated with the investigating authorities within the framework of the law.

However, we cannot help but express our concern about the format and scale of what is happening. In the context of the events of recent days, there are all grounds to assume that the process is clearly politically motivated.

The Tashir Group of Companies remains committed to the principles of open, legal and constructive dialogue. We urge law enforcement agencies to act exclusively within the framework of the Constitution and criminal legislation, excluding any element of pressure or public show.

"We continue to closely monitor developments and will promptly provide the public with reliable information," the statement said.