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.”

Other Stories
Doing business in Georgia has become easier than in America
According to the Doing Business 2019 report published by the World Bank, Georgia ranked 6th among 190 countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year.
Problems that foreigners frequently face in Georgia
The importance of Georgia as a tourism hub is growing year after year.
Tbilisi TV Broadcasting Tower – Better than the Eiffel Tower?
It is planned to renovate the Tbilisi TV Broadcasting Tower, one of the landmarks in the capital.
Georgian Fusion Menu by The Biltmore Hotel Tbilisi
5,895,914 international visitors have visited Georgia between January and August of 2018. Compared to the previous year the number has increased by 12.2 per cent.
Advertising of gambling and lucrative games may become banned in Georgia
Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10 000.
Lebanese café-lounge Beirut opens in Tbilisi
What is necessary to organize an unforgettable event? – Fun, emotions, lots of surprises, good music and delicious menu.
Georgia second among the fastest growing tourist destinations in Europe
Georgia is among the fastest growing tourist destinations in Europe. The data is published by the UN World Tourism Organization.
Bitmain launches world digital mining summit in Tbilisi, Georgia
Bitmain CEO Jihan Wu and Roger Ver, CEO of Head Speaker List featuring Circle, and Genesis Mining when Digital Mining Leaders Convene In Tbilisi on September 21-23
TBC Bank and Gazelle Finance have teamed-up to support Medical City, a leading healthcare provider in the western region of Georgia to launch the Western Regional Center Of Modern Medical Technologies.
Equivalent to buried treasure – resources that are underused in Georgia
For 2018 the IMF Commission has forecast an annual economic growth for the Georgian economy of about 5,5%.
Does the quality of Georgian wine increase and how the export affects it
If we look at the data collected about modern Georgian wine, we will find out that the Georgian wines produced between 2015-2017 are much better in terms of their quality and Oenologic features rather than the wines produced between 2009-2011.
Japan simplifies the visa requirements for Georgian citizens
Diplomatic and economic relations between Georgia and Japan are now moving to a new phase. Recently Japan has decided to simplify the visa requirements for Georgian citizens.
M&S (Marks and Spencer) and H&M collections to be produced in Georgia
Garments manufacturer MGMTEX will start production of the M&S and H&M trendy collections from this September.
The World Digital Mining Summit to be held in Georgia
The summit is scheduled to take place between 21st-23rd September in the Hualing Hotel, Tbilisi, Georgia.
Galt and Taggart - Tourism Boom Continues in Georgia
Tourism has become one of the key drivers for the Georgian economy. Galt and Taggart has recently published research about the Georgian tourism sector in the first half of 2018.
"The worst dream for Putin is that Russians want to live in Georgia"
This year, visitors to the Adjara region would notice that there is a boom in construction in and around Batumi.
Underground gas storage facility to be built in Georgia
KfW, a German government-owned development bank signed a EUR 150 million promotional loan with the state-owned Georgian Oil and Gas Corporation (GOGC) for the construction of the first underground gas storage facility in Georgia.
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia.
How expensive is it to visit Georgia?
The Georgian Lari (GEL) is the official currency of Georgia and is the only legal means of payment in the entire territory of Georgia.
Trade with the EU and the Commonwealth of Independent States (CIS) has grown significantly
Trade with the EU and the CIS has grown by 26% and 33.5 % respectively, says GeoStat, the Georgian National Statistics Office.
The unemployment rate decreases in Georgia
The unemployment rate decreased in Georgia by 1,9% and amounted to 12.1% in the 2nd quarter of 2018 compared with the previous quarter,
Memorandum of Understanding to be signed between Georgia and Malaysia
According to the Georgian Ambassador to Malaysia Nikoloz Apkhazava, Georgia plans to sign a Memorandum of Understanding (MoU) with Malaysia.
“Blauenstein Georgia” due to expand in Georgia
“Blauenstein Georgia” is planning to open more shops in Georgia. It is an agriculture company that sells meat products, meat and convenience food.
The amount of Direct Foreign Investment rises in Georgia
According to the information of the National Statistics Office of Georgia, the amount of direct foreign investment in Georgia has risen
It’s going to get  harder for foreigners to get residence permit in Georgia
It’s going to get harder for foreigners to get permit of residence in Georgia.
Exchange Rates
GEL Exchange Rate
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
November 2018
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