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Economic Press Monitor: Economic & Politics
April 18, 2024


BANKEBI DA FINANSEBI: ““IVANISHVILI IS GRANTED THE RIGHT TO BROUGHT BACK HIS PROPERTY HIDDEN OFFSHORE WITHOUT TAXATION – HE IS AWAITING SANCTIONS””

Georgia’s ruling Georgian Dream submitted the bill, which “grants the right to Bidzina Ivanishvili [billionaire founder of the ruling party] to transfer to Georgia his property, shares, stakes, hidden in offshores, without payment of taxes and bypassing anti money laundering norms”, opposition MP (Eurooptimists) and former president of National Bank of Georgia Roman Gotsiridze posted on social platform.

Gotsiridze indicates that the bill applies only to Ivanishvili, since requires that single individual must own 100% of offshore assets.

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