The Investigative Committee of the Republic of Armenia (RA) has commented on the searches carried out since early Tuesday morning at the Electric Networks of Armenia (ENA) company head office in Yerevan and the house of Narek Karapetyan, the chairman of the board of directors of the ENA.

The Investigative Committee has told Armenian News-NEWS.am the following: “Urgent investigative actions are being carried out within the framework of criminal proceedings initiated by the RA Investigative Committee’s Main Department for Investigation of Economic Crimes and Smuggling and the Yerevan City Investigative Department. We will make an official statement in the near future.”

Earlier, Armenian News-NEWS.am reported that law enforcement officers entered the ENA company head office in Yerevan at around 8am, and they are conducting searches there.

And earlier, law enforcement officers stormed into the house of Narek Karapetyan, the chairman of the ENA board of directors, where they were conducting a search. Narek Karapetyan is the nephew of ENA owner Samvel Karapetyan, the Russian Armenian entrepreneur and philanthropist who is remanded in custody in Yerevan.