A criminal report was filed in connection with the sale of 100 percent shares of a communications operator operating in Armenia – 2024-04-17 22:22:46

by times news cr

2024-04-17 22:22:46

Lawyer Armine Fanyan informs the Prosecutor General of RA and the Chairman of the Anti-Corruption Committee about submitting a crime report.

“The other day, news spread in the press that on January 26, 2023, the closed joint stock company “MTS Armenia” submitted an application to the RA Public Services Regulatory Commission to agree on the transfer of control over the company, according to which the company “Fedilco Group Limited” wants “ALLEGRETTO HOLDING” limited to acquire from the company 100 percent of the shares of “ARAMAYO INVESTMENTS LIMITED”, which is the sole shareholder of the company.

What is interesting?

The Public Service Regulatory Commission, after nearly three months of study, refused to approve the transaction because, according to the competent authority (National Security Service), the transaction harms or may harm national security or state interests.

However

On November 3, 2023, in a letter, “MTS Armenia” closed joint stock company submitted to the Commission a new application to agree on the transfer of control over the company, according to which “Fedilco Group Limited” company again wants to acquire 100 percent of the shares of “MTS Armenia” closed joint stock company.

The same Public Services Regulatory Commission

under the same factual circumstances, by the decision No. 397A of November 15, 2023, agreed to the conclusion of the transaction to sell 100 percent of the shares of “MTS Armenia” closed joint stock company to “Fedilco Group Limited” company.

That said, the threat to national security had disappeared.

The Hetq news site published that the company acquiring “MTS Armenia” is registered in Cyprus. There is no information in official sources about the real owners. According to the Cyprus State Register of Companies, “FEDILCO GROUP LIMITED” was registered in 2022. on April 20.

The hraparak.am website noted: “According to our information, the Russian company 1Xbet does not want to give up easily and, having agreed with some circles, is trying to buy “MTS Armenia” again. What is 1Xbet? It is a bookmaking company owned by Roman Semyokhin, Sergey Karshkov and Dmitry Kazorin, who are currently wanted internationally, allegedly for some illegal activity.”

According to Sub-Clause 6 of Clause 8 of the Order approved by the Commission’s Decision No. 56 of February 9, 2022, the Application must include substantiating information on the necessary experience of the person acquiring the share.

The fact is that in 2022 Registered on April 20, “Fedilco Group Limited” has no experience in the field of communication.

It turns out that the Public Services Regulatory Commission has agreed to the purchase of 100 percent of the shares of the dominant telecommunications operator in the Republic of Armenia by “Fedilco Group Limited” under the conditions when the bid was rejected months ago because there was a threat to national security, in addition to that is, “Fedilco Group Limited” does not have any experience in the field of communications.

In order to find out the mentioned circumstances, today a report about the crime was submitted to the RA Prosecutor General and the Chairman of the Anti-Corruption Committee,” the lawyer stated.

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