Russian Official Accuses Armenian Government of “Corporate Raid” on Power Utility

A representative associated with Electric Networks of Armenia (ENA), Alexey Shevtsov, has accused Armenian Prime Minister Nikol Pashinyan’s government of attempting a “corporate raid” on the company, according to a report by the Russian state news agency TASS.

Shevtsov said the Armenian authorities’ stance toward Russian business interests in the country had already been “clearly stated” by Sergey Shoigu, Secretary of the Russian Security Council, TASS reported.

The TASS report did not provide further details on the specific actions Shevtsov attributed to the Armenian government or on the nature of the alleged dispute involving Electric Networks of Armenia.

Electric Networks of Armenia has previously been linked to Russian-Armenian business interests and has been a subject of tension between Yerevan and Moscow amid broader strains in bilateral relations in recent years.

TASS did not attribute a response from the Armenian government or from Prime Minister Pashinyan’s office to the allegations reported. Reuters and other independent outlets have not yet corroborated the claims made in the TASS report.