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15.08.2025

Samvel Karapetyan’s Detention Extended in Armenia

Illustration for: Samvel Karapetyan's Detention Extended in Armenia

Gasparyan said: “The court extended Karapetyan’s detention for two months.” The Businessman’s Rights Protection Council stated in a statement that the court’s decision in Yerevan to extend the detention of businessman Samvel Karapetyan showed that there is no justice in Armenia, but it will be restored. The council expressed gratitude to Karapetyan’s supporters who gathered at the court building to support him.

The detained Armenian businessman, Samvel Karapetyan, announced the launch of a new political movement named “Our Way,” emphasizing that it aims to strengthen the economy and support national and religious values in Armenia. The name was not chosen by accident: Karapetyan was arrested for declaring that he would protect the Armenian Apostolic Church “in his own way.”

Early Friday morning, the court approved the investigators’ request and extended Karapetyan’s detention for two months. On Thursday, the businessman himself stated that the current court session is not just about him. According to the detainee, the decision will show the extent of justice in the country and whether judges are ready to perform their duties with dignity, and if they are not afraid to tarnish their reputation for a select few.

The head of the Tashir Group of Companies was accused of calling for a takeover of power, investigations into his activities began, and he threatened to nationalize his company “Electric Networks of Armenia.” He has invested hundreds of millions of dollars in Armenia to support the country’s economy and is the founder of the “Tashir” charitable foundation, which has been operating for 15 years, with aims to preserve spiritual heritage, develop medicine and children’s sports, and implement programs in the fields of culture and education.