About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
RSS
Mobile
Twitter
Facebook
Appeals Court Upholds Multi-Million Fines for Ivanishvili, Kaladze
Civil Georgia, Tbilisi / 14 Aug.'12 / 18:12

Court of Appeals upheld on August 14 lower court’s decision on imposing GEL 20.2 million (about USD 12.3 million) fine on Georgian Dream leader Bidzina Ivanishvili and GEL 16.9 million (about USD 10.3 million) on ex-footballer Kakha Kaladze.

Kaladze, who is Georgian Dream’s majoritarian MP candidate in Samtredia single-mandate constituency, and Ivanishvili have both been accused of violating party funding rules after the State Audit Office alleged that several million withdrawn by the two men in cash from their bank accounts could have been used illegally for their political activities.

In June USD 48 million financial penalty was imposed on him, which he initially was refusing to pay, which led to seizure of his banking assets in Georgia. In July he paid USD 48 million fine and said that he did so because he wanted to contribute to relief efforts for disaster-hit provinces.

Ivanishvili said on August 13 that despite his decision to pay USD 48 million, the authorities were not going to “compensate fully” the damage inflicted on locals by strong hail, wind and flooding in Kakheti and some other provinces in July. He said that he would only pay his new multi-million fine if the authorities use his funds to fully compensate for the inflicted damage. 

“I will pay this sum [GEL 20.2 million] only if the authorities fully compensate for inflicted damage; otherwise, of course we are not going to pay this illegal fine,” Ivanishvili told journalists on August 13 after a campaign meeting in Bagdati, town in Imereti region.

Also on August 14 the Court of Appeals upheld lower court’s decision on fining sixteen people for alleged illegal financial contribution to Georgian Dream coalition.

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 © 2001-2019, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
35