Immediate return of property unaffordable
12 December, 2013
Immediate return of property unaffordable
Georgia cannot afford restoration of infringed property rights immediately, says the government. Country’s economic and financial circumstances cannot bear the burden now; the problem will be addressed when financial resources are sufficient. But sector pundits do not accept this and ask for immediate measures which will insure that justice is served.
Meanwhile the creation of the State Commission for Revision of Miscarriages of Justice is delayed, though this was supposed to have taken place within a three-year term and mandated to
reconsider court verdicts reached in 2004-2012, when the former government was in power, and accused of rampant violations of human and property rights. For that matter, “restoration of justice” was the key pre-election slogan before Georgian Dream won the Parliamentary elections in fall 2012.
Once power changed hands, the Prosecutors’ Office was flooded with lawsuits seeking restoration of property and human rights; authorities decided to set up the Commission, but that languished for a year and then was postponed indefinitely.
As Tea Tsulukiani, Minister of Justice of Georgia, stated on 28 November, “As soon as economic and financial conditions in the country are considered sufficient to pay compensations, the Commission issue will start from the very point where it stood still.”
The news caused discontent among those with grievances, and analysts and researchers demand clearer timelines and effective mechanisms to solve the problem. Approximately 6-7 billion GEL of assets were seized while the former government was in power. Some analysts believe that the state can return at least that part of the illegally seized property that is registered in state ownership.
Other economic analysts and businessmen, however, suggest step-by-step compensations: issuance of long-term state bonds for example or deduction of compensatory sums from Value Added Taxes. But the fact that government is not discussing any means of compensation is regarded as inadmissible by virtually one and all.
Thus the Center for Politics and Justice (CPJ) has proposed a mediation council mandated to handle the contested property that still remains within state ownership, Amiran Giguashvili, Head of CPJ, told Georgian Journal. Since the matter requires a large-scale approach, however, a separate state investigative body could specialize in 2004-2012.
“I approve the delay of the Commission,” he said. “It is better to evaluate all risks properly rather than make premature decisions. But government has to state clearly when it is going to address the problem and what strategy will be applied.”
Giguashvili believes neither the Commission, nor the Prosecutors’ Office, nor the court, if working independently, have sufficient human resources to respond to nine years of infringed property and human rights.
“A separate state body should be set up vested with the right not only to reconsider court verdicts drawn in 2004-2012 but also to re-investigate each case completely. This will help to find out whether or not the state has to pay compensation, or if some state officials misused power and are responsible for the payment,” Giguashvili said. “The state is a legal assignee of any government and the new authorities have to implement their obligation whatever the cost. The excuse that it is expensive is not acceptable to society. Maybe a victim can wait ten years, but he or she must know that compensation will be paid to the descendants.”


Print
Other Stories
Everything of comfortable life in one space – Second part of construction of one of the largest apartment complexes finished in Tbilisi
Apartment in ecologically clean environment, thousands of square meters of green yard, swimming pools, places for various sports activities, treks for walking and running, commercial spaces – all these available in one space is not a fantasy.
Batumi awarded Europe's Leading Emerging Tourism Destination 2019
World Travel Awards Europe Gala Ceremony 2019 took place on the 8th of June in Madeira, Portugal.
Coca Cola to open new factory in Georgia, will hire female drivers
Coca Cola is opening new factory in Georgia in December.
World's best party supply company now on the Georgian market
The largest party supply store in Georgia - MyDay is launching as the official distributor of AMSCAN from 2019.
Live as a marketing tool and an unprecedented live stream launched by Livetag
Sharing information has become smoother and more versatile in today’s technological world. Recently, live streaming, an online streaming media has become especially popular.
Theme and program of Caspian Energy Forum Tbilisi – 2019 changed
“The 8th International Caspian Energy Forum Tbilisi – 2019, scheduled for June 21, will focus on the development of the Azerbaijan-Georgia relations in the field of economy and energy”,
Misunderstanding over Poti deep sea ports
There was misunderstanding around deep sea ports in Georgia – in Poti.
High demand for dollars or the investment decline – Why Georgian Lari depreciates
$1 equals GEL 2,7470 in the official rate set by the National Bank of Georgia (NBG).
PSP Group confirms negotiations regarding purchasing of GEO Hospitals
PSP Group confirms negotiations regarding purchasing of GEO Hospitals.
New life to be given to Dashbashi Canyon
Georgia’s Agency of Protected Areas is planning to give new life to Dashbashi Canyon in Tsalka (southeastern Georgia).
Who is constructing “Khadori 3” Hydropower Plant in Pankisi Gorge?
Clashes broke out in Pankisi Gorge, Georgia’s northeastern region between special forces and residents
Business Positive – Successful radio program from Radio Positive
Starting point of radio program Business Positive is to meet interesting people, communicate with them and deliver information that is interesting for the audience.
A factory of electric vehicles to be built in Kutaisi
Prime Minister Mamuka Bakhtadze stated that a factory of electric vehicles will be built in Kutaisi at the presentation of the Aigroup business group.
Qvevri-shaped hotel complex to be built in Telavi
A Qvevri-shaped hotel complex is scheduled to be built in the village of Shalauri in Telavi, Kakheti (east part of Georgia).
Georgian designers presented at Fashion World Tokyo 2019
The products of 11 Georgian designers are showcased at Fashion World Tokyo 2019,
Silknet raises $200 million in Eurobond issue
27 March 2019 - JSC Silknet (“Silknet”), one of Georgia’s leading telecommunications operators, has successfully priced a debut $200 million 5-year 11% senior unsecured bonds issue (the “Notes”).
Pistachio trees will be planted in Georgia
Dozens of hectares of Pistachio are planned to be planted in Georgia this year.
Toyota Safety Sense and Hybrid Technology
Toyota Caucasus, has presented two new models the 5th generation RAV4 and the 12th generation Corolla at Rustavi International Motorpark, several days ago.
Bidzina Ivanishvili “became number one oppressor of businesses in Georgia” - ICC Georgia chairman Fady Asly
Mr. Ivanishvili promised the business community to protect them from harassment and pressure, unfortunately his words died with the sunset of that day
The best brands of Belarus will be exhibited on a large-scale exposition in Tbilisi
"The Belarusians like to come to Georgia to relax near the sea in Batumi as well as to stay in sunny Kakhetia."
Don’t treat business like a hooker! - Georgian businessman Vasil Soprpmadze addresses politicians
Businessman Vasil Sopromadze, founder of the company "Fresco", addresses politicians
RAV4 No Compromise and Corolla Set to Impress – Two New Cars Presented by Toyota
Toyota Caucasus, the company constantly aspiring to greatness, has presented two new models the 5th generation RAV4 and the 12th generation Corolla.
Mamuka Khazaradze quits TBC bank, does not sell the TBC Bank share
I made a decision to leave TBC bank where I spent 27 years of my life
10 Reasons to buy an apartment in the suburbs
There is a tendency for Tbilisi dwellers to move from central parts of the capital to the suburbs.
Georgian citizens are granted the right to work in France
The French Embassy in Georgia made remarks on granting Georgian citizens the right to work in France
PHOTO OF THE DAY
GEL Exchange Rate
Convertor
14.06.2019
15.06.2019
USD
1
USD
2.7389
2.7468
EUR
1
EUR
3.0914
3.0943
GBP
1
GBP
3.4716
3.4753
RUB
100
RUB
4.2402
4.2700
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
2.7468
EUR
1
EUR
3.0943
GBP
1
GBP
3.4753
RUB
100
RUB
4.2700
June 2019
Mon Tue Wed Thu Fri Sat Sun
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30