Sunday, August 24, 2025

TI: Georgian state stole over 111 million USD under Saakashvili

black-cars-interior-ministry
Dark shiny SUVs were among the valuable items “given” to the state by individuals and businesses under President Saakashvili’s governments. (Interpressnews.)

TBILISI, DFWatch–Transparency International suspects that gifts worth more than USD 111 million that were received by the Georgian government during the last 8 years may actually have been robbery conducted by the state.

This is the conclusion Transparency

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As Elit Electronics takeover is completed, ex-owner fights on

Anzor Kokoladze believes the takeover of Elit Electronics was a conspiracy. (Photo: Interpressnews.)

TBILISI, DFWatch – One of the largest electronics chains in Georgia has been taken away from its founder, as the remaining 15 per cent of shares were sold at an auction.

Anzor Kokoladze, who built the chain from scratch, is serving an eight year prison term after a tax

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Why do many Georgians give their property to the state?

Anzor Kokoladze, the founder of one of Georgia’s most successful electronics chains, Elit Electronics, accuses the authorities of having conspired to take it over. He claims a bank, the prosecutor, the Tbilisi mayor, and a court cooperated on the scheme. Kikodze is currently in jail serving an eigth year term for failure to service a debt, a sentence upheld by the Supreme Court. (Photo: Interpressnews.)

TBILISI, DFWatch – There are many reports in Georgia these days of deprivation of property rights. People abandon their property or donate it to the government right after registering it at the Public Registry, and later refuse to speak about their reasons.

The founder

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