Politician slams government's plans to nationalize ENA as 'property seizure'

Bright Armenia Party leader Edmon Marukyan has strongly criticized the Armenian government's plans to nationalize the Electric Networks of Armenia (ENA) currently owned by businessman and philanthropist Samvel Karapetyan.

In a social media post on Tuesday, Marukyan accused the authorities of disguising the unlawful seizure of private property as a public policy initiative.

"The authorities are using the term 'nationalization of ENA' to justify the seizure of Samvel Karapetyan’s private assets, portraying it as a significant achievement for the state," he wrote.

“This is an attempt to strip a politically persecuted individual of his property. Don't try to legitimize this process in any way. So far, everything you've unlawfully seized has simply been handed over to your loyalists, resulting in a redistribution of property. You seek to seize private property just like the Bolsheviks did. There is no other word for it," the politician stated.