Prime Minister Nikol Pashinyan has instructed law enforcement to initiate proceedings to determine whether newly wealthy businessman Narek Nalbandyan is indeed trying to associate the Prime Minister's family name with his businesses:
“If there is someone in Armenia's economic sphere who irritates me and our family beyond tolerable limits, it is Narek Nalbandyan,” Pashinyan said:

Narek Nalbandyan's name has often been linked to the Prime Minister's wife, Anna Hakobyan, and the media reports that stores in the regions are taking away from the owners:
A criminal case has been initiated regarding the activities of the '88' supermarket chain
The Prosecutor General's Office reported that on February 26, 2026, a criminal case was initiated regarding the activities of the '88' supermarkets:
The Prime Minister demanded, the businessman denied
Businessman Narek Nalbandyan denied any connection between his businesses and the Prime Minister's family:
Heart oligarch of the authorities or successful businessman
Narek Nalbandyan owns the '88' and 'Apricot' supermarket chains, as well as other businesses:

Pashinyan assured that his family has no business interests either in Armenia or abroad:
