A counterrevolution and the restoration of Armenia’s former political system remain realistic possibilities, according to political analyst Areg Kochinyan. He argues that wealthy business figures could unite to redirect the country in a way that contradicts both public opinion and the state’s interests.
According to Kochinyan, at least two of those billionaires accumulated their wealth in Armenia under highly questionable circumstances.
The Demand for Justice After 2018
Kochinyan recalls that one of the central demands of the 2018 revolution was justice.
According to him, the public expected legal accountability and prosecution of those responsible for alleged abuses.
Instead, he argues, an informal arrangement emerged under which many figures associated with the previous system avoided prosecution as long as they did not create new problems for the country.
“This can be called selective justice, or simply common sense,” Kochinyan said.
He argues that holding everyone accountable for alleged corruption before 2018 would have affected such a large number of people that it would have been practically impossible.
Attempts to Restore the Previous System
According to Kochinyan, the situation has since changed.
He believes that influential figures from the previous political system have not only preserved their resources but are now attempting to regain political influence.
In his view, their objective is to restore the governing model that existed before 2018.
Why Are They Still Free?
Kochinyan rejects accusations that such warnings are merely attempts to frighten society.
He says the issue is not about creating fear but about recognizing that these political ambitions exist.
According to the analyst, it is therefore reasonable for society to ask why these individuals remain free and continue to possess the resources needed to pursue what he describes as plans for political restoration.