Investigation reveals misspending of Government Reserve Fund

By | December 3rd, 2016|Categories: Investigative reports|Tags: , , , |

The Georgian Government Reserve Fund aimed at funding unexpected and urgent situations, has spent 62% of its budget for programs already funded by the national budget and for which there seems to be no need for emergency spending, investigative website Ifact reports. […]

Georgian Lottery Will Take Chance on New License Holder

By | October 1st, 2016|Categories: Investigative reports|Tags: , , |

A new company will get the license to organize the Georgia national lottery. The Ministry of Finance has announced a tender to award the license and will accept offers until December 12. […]

Budget Is Loser in State Lottery

By | July 22nd, 2016|Categories: Investigative reports|Tags: , |

By Nino Bakradze In 2011, a company formed by the brother-in law of former Georgia Minister of Defense David Kezarashvili to operate the country's national lottery system gave 70 percent of that company's shares to the Ministry of Economics free of charge. Leaked documents found in the Panama Papers offer a possible explanation for this [...]