
Armenian billionaire faces regime change call charges
One of the richest men in Armenia has been arrested on charges of making public calls to seize power in the country illegally, his lawyer says as a feud between Armenia's prime minister and the country's dominant church intensifies.
Armenian Prime Minister Nikol Pashinyan has long had a tumultuous relationship with the Armenian Apostolic Church and billionaire Samvel Karapetyan now seems to have been caught up in it.
Karapetyan, 59, was detained late on Tuesday night and appeared in front of a court in the Armenian capital of Yerevan on Wednesday, according to Armen Feroyan, his lawyer.
The lawyer said Karapetyan denied the charges against him.
Karapetyan, who also holds Russian citizenship, owns the Tashir Group, a conglomerate that operates residential and commercial real estate as well as the Electric Networks of Armenia.
Pashinyan, the prime minister, told journalists on Wednesday that the power company would be nationalised "soon" following Karapetyan's arrest.
Before his arrest, Karapetyan said in video released on Tuesday that "a small group of people who have forgotten the thousand-year history of Armenia and the church" were attacking the religious institution.
"I have always stood with the Armenian Church and the Armenian people," the billionaire said.
"If the politicians do not succeed, we will intervene in our own way in this campaign against the church."
The remarks were seen as a jab at Pashinyan, who on June 8 called for the head of Armenia's church Catholicos Karekin II to resign after accusing him of fathering a child while under a vow of celibacy.
At the time, the church released a statement accusing Pashinyan of undermining Armenia's "spiritual unity" but did not address the claim about the child.
Pashinyan responded, promising on Facebook to crack down on "depraved" members of the clergy and their benefactors.
"He says 'we will intervene in our own way'," Pashinyan wrote, apparently citing Karapetyan.
"Now I will intervene in my own way."
Earlier on Wednesday, the prime minister dismissed the head of the country's national security service Armen Abazyan.
When asked by journalists if the move was linked to the billionaire's arrest, Pashinyan only said the security chief "deserved to rest a little" after a difficult tenure.
One of the richest men in Armenia has been arrested on charges of making public calls to seize power in the country illegally, his lawyer says as a feud between Armenia's prime minister and the country's dominant church intensifies.
Armenian Prime Minister Nikol Pashinyan has long had a tumultuous relationship with the Armenian Apostolic Church and billionaire Samvel Karapetyan now seems to have been caught up in it.
Karapetyan, 59, was detained late on Tuesday night and appeared in front of a court in the Armenian capital of Yerevan on Wednesday, according to Armen Feroyan, his lawyer.
The lawyer said Karapetyan denied the charges against him.
Karapetyan, who also holds Russian citizenship, owns the Tashir Group, a conglomerate that operates residential and commercial real estate as well as the Electric Networks of Armenia.
Pashinyan, the prime minister, told journalists on Wednesday that the power company would be nationalised "soon" following Karapetyan's arrest.
Before his arrest, Karapetyan said in video released on Tuesday that "a small group of people who have forgotten the thousand-year history of Armenia and the church" were attacking the religious institution.
"I have always stood with the Armenian Church and the Armenian people," the billionaire said.
"If the politicians do not succeed, we will intervene in our own way in this campaign against the church."
The remarks were seen as a jab at Pashinyan, who on June 8 called for the head of Armenia's church Catholicos Karekin II to resign after accusing him of fathering a child while under a vow of celibacy.
At the time, the church released a statement accusing Pashinyan of undermining Armenia's "spiritual unity" but did not address the claim about the child.
Pashinyan responded, promising on Facebook to crack down on "depraved" members of the clergy and their benefactors.
"He says 'we will intervene in our own way'," Pashinyan wrote, apparently citing Karapetyan.
"Now I will intervene in my own way."
Earlier on Wednesday, the prime minister dismissed the head of the country's national security service Armen Abazyan.
When asked by journalists if the move was linked to the billionaire's arrest, Pashinyan only said the security chief "deserved to rest a little" after a difficult tenure.
One of the richest men in Armenia has been arrested on charges of making public calls to seize power in the country illegally, his lawyer says as a feud between Armenia's prime minister and the country's dominant church intensifies.
Armenian Prime Minister Nikol Pashinyan has long had a tumultuous relationship with the Armenian Apostolic Church and billionaire Samvel Karapetyan now seems to have been caught up in it.
Karapetyan, 59, was detained late on Tuesday night and appeared in front of a court in the Armenian capital of Yerevan on Wednesday, according to Armen Feroyan, his lawyer.
The lawyer said Karapetyan denied the charges against him.
Karapetyan, who also holds Russian citizenship, owns the Tashir Group, a conglomerate that operates residential and commercial real estate as well as the Electric Networks of Armenia.
Pashinyan, the prime minister, told journalists on Wednesday that the power company would be nationalised "soon" following Karapetyan's arrest.
Before his arrest, Karapetyan said in video released on Tuesday that "a small group of people who have forgotten the thousand-year history of Armenia and the church" were attacking the religious institution.
"I have always stood with the Armenian Church and the Armenian people," the billionaire said.
"If the politicians do not succeed, we will intervene in our own way in this campaign against the church."
The remarks were seen as a jab at Pashinyan, who on June 8 called for the head of Armenia's church Catholicos Karekin II to resign after accusing him of fathering a child while under a vow of celibacy.
At the time, the church released a statement accusing Pashinyan of undermining Armenia's "spiritual unity" but did not address the claim about the child.
Pashinyan responded, promising on Facebook to crack down on "depraved" members of the clergy and their benefactors.
"He says 'we will intervene in our own way'," Pashinyan wrote, apparently citing Karapetyan.
"Now I will intervene in my own way."
Earlier on Wednesday, the prime minister dismissed the head of the country's national security service Armen Abazyan.
When asked by journalists if the move was linked to the billionaire's arrest, Pashinyan only said the security chief "deserved to rest a little" after a difficult tenure.
One of the richest men in Armenia has been arrested on charges of making public calls to seize power in the country illegally, his lawyer says as a feud between Armenia's prime minister and the country's dominant church intensifies.
Armenian Prime Minister Nikol Pashinyan has long had a tumultuous relationship with the Armenian Apostolic Church and billionaire Samvel Karapetyan now seems to have been caught up in it.
Karapetyan, 59, was detained late on Tuesday night and appeared in front of a court in the Armenian capital of Yerevan on Wednesday, according to Armen Feroyan, his lawyer.
The lawyer said Karapetyan denied the charges against him.
Karapetyan, who also holds Russian citizenship, owns the Tashir Group, a conglomerate that operates residential and commercial real estate as well as the Electric Networks of Armenia.
Pashinyan, the prime minister, told journalists on Wednesday that the power company would be nationalised "soon" following Karapetyan's arrest.
Before his arrest, Karapetyan said in video released on Tuesday that "a small group of people who have forgotten the thousand-year history of Armenia and the church" were attacking the religious institution.
"I have always stood with the Armenian Church and the Armenian people," the billionaire said.
"If the politicians do not succeed, we will intervene in our own way in this campaign against the church."
The remarks were seen as a jab at Pashinyan, who on June 8 called for the head of Armenia's church Catholicos Karekin II to resign after accusing him of fathering a child while under a vow of celibacy.
At the time, the church released a statement accusing Pashinyan of undermining Armenia's "spiritual unity" but did not address the claim about the child.
Pashinyan responded, promising on Facebook to crack down on "depraved" members of the clergy and their benefactors.
"He says 'we will intervene in our own way'," Pashinyan wrote, apparently citing Karapetyan.
"Now I will intervene in my own way."
Earlier on Wednesday, the prime minister dismissed the head of the country's national security service Armen Abazyan.
When asked by journalists if the move was linked to the billionaire's arrest, Pashinyan only said the security chief "deserved to rest a little" after a difficult tenure.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Sky News AU
38 minutes ago
- Sky News AU
Albanese should find a seat at the everyday Aussie kitchen table where the bills are piling up, instead of looking for a place next to Trump
While Australians again struggled to afford fuel and basic groceries this week, the Prime Minister had in his sights another overseas trip to enhance foreign optics instead of fixing problems at home. Mr Albanese has now ditched a last-minute appearance at next week's NATO summit in The Hague, some 16,000 kms away, in the hope it would produce a face-to-face with US President Donald Trump. The decision to instead send his deputy Richard Marles follows the PM's scheduled G7 encounter with Mr Trump in Canada which was scuttled by President's early exit to address the Iran-Israel conflict. What we are now also witnessing in the aftermath of that snub is a diplomatic dance which underscores just how far Mr Albanese is willing to go to secure a seat at the grown ups' table. At home, Australians are hurting and the cost of living remains the number one issue in this country. It has been for three years, probably more. The PM needs to stop eyeing a meeting with Trump overseas and start restoring confidence in his government's ability to manage both domestic and foreign affairs in a strategic and strong fashion. Sure, the US President's brush-off was a diplomatic embarrassment especially as it lacked a private heads-up to Mr Albanese before publicly pulling the plug on their meeting. But it's time to move on. The real questions are these: when was the last time this government delivered a serious and immediate policy to cut household energy bills? When was the last time this government offered tangible relief to small businesses buckling under the weight of supply chain blowouts and relentless interest rate pressure? This week it was announced that a productivity roundtable in Canberra was in the works to 'shape our government's growth and productivity agenda'. But already this is being picked apart as a consensus talkfest if cutting net immigration and net zero targets are not seriously considered. I don't think we are dealing with an abstract economic trend here because for nine million Australians it has nearly reached the point of financial collapse. New research from comparison site Finder paints a grim picture. Nearly half the country is the cost of a cracked windscreen or dentist's bill away from the edge. The average savings for this group? A paltry $215 which in NSW I would argue doesn't even cover a week's groceries. I saw a 1kg bag of ordinary coffee beans at the supermarket this week for $80. Dishwasher tablets, 82 of them, for $78. There was plenty of room to move in the fruit and vegetable aisle, with the least expensive thing to buy some apple varieties I'd never heard of and likely tasteless and cold-storaged for months. You're trying your luck if you fancy 350g of multi-coloured mini tomatoes for under $6.50, punished for your caviar-style tastes. The frozen food aisle with the cheaper dinners like fish fingers and bulk meat pies was doing brisk business, however. Local Facebook group chat is dominated by members asking for money saving tips including what time of day do local supermarket staff appear in store with a yellow sticker gun to discount products. According to Finder, 43 per cent in the cohort referenced have less than $1,000 in a bank account. More than half live pay transfer to pay transfer and 47 per cent are banking on a tax refund to plug holes in the dam. And a $12 coffee? Don't laugh, it's coming to a cafe near you. When inflation is combined with supermarket gouging, international trade instability and policy gridlock, prices only go in one direction. In cafes, once the beating heart of urban Australia, small business owners continue to be crushed. Wages, energy, rent, beans, you name it. Roasters say stress on the international coffee bean market means the only solution is to jack up prices. This isn't indulgence anymore. It's economics at gunpoint. Meanwhile, those brewing at home are finding supermarket shelves are no longer a refuge. Instant coffee is probably booming but that's less about convenience and more about budget. And then there's fuel. If you're still planning on driving to work, brace yourself. Petrol is tipped to hit $2.20 per litre with Middle East tensions sending the global oil markets into panic mode and we're all meant to just accept it like it's the weather. Australia may not import oil from Iran but that's no comfort at the bowser. Our prices are still shackled to global markets which drives up costs at the pump while hammering fuel-reliant industries nationwide. Australia used to have several oil refineries and now we have just two - Queensland's Lytton Refinery operated by Ampol and Victoria's Geelong Refinery, operated by Viva Energy. We can blame globalisation and "market efficiency" for that and we now import most of our refined fuel. With petrol spiking, inflation stays high too so consider that in terms of the Reserve Bank delaying any long-awaited interest rate cuts. And let's not forget the cherry on top: fuel excise and GST. What's the domestic agenda? Because from where most Australians stand at the petrol pump, in the supermarket aisle or checking their empty bank apps, it doesn't feel like there is one. We don't need a seat at NATO next week. Mr Albanese has had months to build a relationship with the Trump administration and should now plan to see him in Washington. We need a seat at the kitchen table where bills are piling up and no one from Canberra seems to be listening. Louise Roberts is a journalist and editor who has worked as a TV and radio commentator in Australia, the UK and the US. Louise is a winner of the Peter Ruehl Award for Outstanding Columnist in the NRMA Kennedy Awards for Excellence in Journalism and has been shortlisted in other awards for her opinion work


The Advertiser
3 hours ago
- The Advertiser
Thailand's PM won't step down, party official says
Thailand's embattled prime minister Paetongtarn Shinawatra will not resign or dissolve parliament, a senior official from the ruling Pheu Thai party says, risking a prolonged political crisis in Southeast Asia's second-largest economy. Sorawong Thienthong, who also serves as Thailand's tourism minister, said in a Facebook post that the prime minister would not quit despite growing calls for her resignation after her apparent mishandling of a border dispute with neighbouring Cambodia. "The prime minister has clearly confirmed to us that she will continue to perform her duty to resolve various crises that the country is facing to the best of her ability," he said. "The government confirms that it will continue to work, not resign, and not dissolve parliament." Paetongtarn, daughter of divisive tycoon and former premier Thaksin Shinawatra, is facing domestic anger over the leak of a phone call between her and Cambodia's influential former leader Hun Sen, in which she appeared to kowtow before the veteran politician and denigrated a senior Thai military commander. The Bhumjaithai Party, which was the second-biggest partner in Thailand's ruling coalition, withdrew from the alliance late on Wednesday, citing the leak earlier that day. Another coalition member, the United Thai Nation party, looked set to demand Paetongtarn's resignation in return for backing the Pheu Thai-led ruling coalition and securing its narrow parliamentary majority. Paetongtarn has apologised for the call with Hun Sen, but not commented on the crisis so far. Activists have also scheduled a protest in Bangkok starting on June 28 to ask for Paetongtarn's resignation, among them groups with a history of influential rallies against Shinawatra administrations. Thailand's embattled prime minister Paetongtarn Shinawatra will not resign or dissolve parliament, a senior official from the ruling Pheu Thai party says, risking a prolonged political crisis in Southeast Asia's second-largest economy. Sorawong Thienthong, who also serves as Thailand's tourism minister, said in a Facebook post that the prime minister would not quit despite growing calls for her resignation after her apparent mishandling of a border dispute with neighbouring Cambodia. "The prime minister has clearly confirmed to us that she will continue to perform her duty to resolve various crises that the country is facing to the best of her ability," he said. "The government confirms that it will continue to work, not resign, and not dissolve parliament." Paetongtarn, daughter of divisive tycoon and former premier Thaksin Shinawatra, is facing domestic anger over the leak of a phone call between her and Cambodia's influential former leader Hun Sen, in which she appeared to kowtow before the veteran politician and denigrated a senior Thai military commander. The Bhumjaithai Party, which was the second-biggest partner in Thailand's ruling coalition, withdrew from the alliance late on Wednesday, citing the leak earlier that day. Another coalition member, the United Thai Nation party, looked set to demand Paetongtarn's resignation in return for backing the Pheu Thai-led ruling coalition and securing its narrow parliamentary majority. Paetongtarn has apologised for the call with Hun Sen, but not commented on the crisis so far. Activists have also scheduled a protest in Bangkok starting on June 28 to ask for Paetongtarn's resignation, among them groups with a history of influential rallies against Shinawatra administrations. Thailand's embattled prime minister Paetongtarn Shinawatra will not resign or dissolve parliament, a senior official from the ruling Pheu Thai party says, risking a prolonged political crisis in Southeast Asia's second-largest economy. Sorawong Thienthong, who also serves as Thailand's tourism minister, said in a Facebook post that the prime minister would not quit despite growing calls for her resignation after her apparent mishandling of a border dispute with neighbouring Cambodia. "The prime minister has clearly confirmed to us that she will continue to perform her duty to resolve various crises that the country is facing to the best of her ability," he said. "The government confirms that it will continue to work, not resign, and not dissolve parliament." Paetongtarn, daughter of divisive tycoon and former premier Thaksin Shinawatra, is facing domestic anger over the leak of a phone call between her and Cambodia's influential former leader Hun Sen, in which she appeared to kowtow before the veteran politician and denigrated a senior Thai military commander. The Bhumjaithai Party, which was the second-biggest partner in Thailand's ruling coalition, withdrew from the alliance late on Wednesday, citing the leak earlier that day. Another coalition member, the United Thai Nation party, looked set to demand Paetongtarn's resignation in return for backing the Pheu Thai-led ruling coalition and securing its narrow parliamentary majority. Paetongtarn has apologised for the call with Hun Sen, but not commented on the crisis so far. Activists have also scheduled a protest in Bangkok starting on June 28 to ask for Paetongtarn's resignation, among them groups with a history of influential rallies against Shinawatra administrations. Thailand's embattled prime minister Paetongtarn Shinawatra will not resign or dissolve parliament, a senior official from the ruling Pheu Thai party says, risking a prolonged political crisis in Southeast Asia's second-largest economy. Sorawong Thienthong, who also serves as Thailand's tourism minister, said in a Facebook post that the prime minister would not quit despite growing calls for her resignation after her apparent mishandling of a border dispute with neighbouring Cambodia. "The prime minister has clearly confirmed to us that she will continue to perform her duty to resolve various crises that the country is facing to the best of her ability," he said. "The government confirms that it will continue to work, not resign, and not dissolve parliament." Paetongtarn, daughter of divisive tycoon and former premier Thaksin Shinawatra, is facing domestic anger over the leak of a phone call between her and Cambodia's influential former leader Hun Sen, in which she appeared to kowtow before the veteran politician and denigrated a senior Thai military commander. The Bhumjaithai Party, which was the second-biggest partner in Thailand's ruling coalition, withdrew from the alliance late on Wednesday, citing the leak earlier that day. Another coalition member, the United Thai Nation party, looked set to demand Paetongtarn's resignation in return for backing the Pheu Thai-led ruling coalition and securing its narrow parliamentary majority. Paetongtarn has apologised for the call with Hun Sen, but not commented on the crisis so far. Activists have also scheduled a protest in Bangkok starting on June 28 to ask for Paetongtarn's resignation, among them groups with a history of influential rallies against Shinawatra administrations.


Perth Now
9 hours ago
- Perth Now
Thailand's PM won't step down, party official says
Thailand's embattled prime minister Paetongtarn Shinawatra will not resign or dissolve parliament, a senior official from the ruling Pheu Thai party says, risking a prolonged political crisis in Southeast Asia's second-largest economy. Sorawong Thienthong, who also serves as Thailand's tourism minister, said in a Facebook post that the prime minister would not quit despite growing calls for her resignation after her apparent mishandling of a border dispute with neighbouring Cambodia. "The prime minister has clearly confirmed to us that she will continue to perform her duty to resolve various crises that the country is facing to the best of her ability," he said. "The government confirms that it will continue to work, not resign, and not dissolve parliament." Paetongtarn, daughter of divisive tycoon and former premier Thaksin Shinawatra, is facing domestic anger over the leak of a phone call between her and Cambodia's influential former leader Hun Sen, in which she appeared to kowtow before the veteran politician and denigrated a senior Thai military commander. The Bhumjaithai Party, which was the second-biggest partner in Thailand's ruling coalition, withdrew from the alliance late on Wednesday, citing the leak earlier that day. Another coalition member, the United Thai Nation party, looked set to demand Paetongtarn's resignation in return for backing the Pheu Thai-led ruling coalition and securing its narrow parliamentary majority. Paetongtarn has apologised for the call with Hun Sen, but not commented on the crisis so far. Activists have also scheduled a protest in Bangkok starting on June 28 to ask for Paetongtarn's resignation, among them groups with a history of influential rallies against Shinawatra administrations.