About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
Georgian Billionaire Plans Political Party
Civil Georgia, Tbilisi / 5 Oct.'11 / 12:23

Georgian billionaire and philanthropist, Bidzina Ivanishvili, said in a one-sentence written statement, released through his charitable organization on October 5, that he had “decided to establish a political party to run in the 2012 parliamentary elections.”

A spokesperson of the charitable organization run by Ivanishvili told InterPressNews agency, that the tycoon would release a more detailed written statement laying out his plans on October 7. She, however, declined to respond a question when Ivanishvili personally would appear publicly before the press.

Rarely, but when he wants to convey his opinion to the public, famously publicity-shy billionaire, does so via written statements released by Kartu Group, an organization overseeing his charitable activities (Kartu Bank is also part of the group).

One of his recent statements, released in May, 2011, gave a rare glimpse into his views about the Georgian politics, saying that “balance of political power” in Georgia consists of a ruling party, opposition and “pseudo-opposition.”
“There is a stable balance in relationship between them and the existing situation is presumably a precondition for the governing team to stay in power. The present authorities feel quite comfortable in this situation and things are going quite well [for the governing party]: it balances the situation, controls businesses; with its manipulations it [the governing party] excellently rules the pseudo-opposition – both parliamentary and non-parliamentary… The real opposition movement finds it very difficult to resist adequately. So, ahead of the upcoming elections, Saakashvili’s positions are quite firm,” Ivanishvili said in the May, 2011 statement.

Ivanishvili, well-known in Georgia for his generous charitable activities and whose fortune is estimated by the Forbes at USD 5.5 billion, made money in Russia, but returned back to Georgia about ten years ago and settled in his home village of Chorvila in Imereti region.

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2021, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.