WHO APPROPRIATES CITY BUDGET?
07 June, 2012
WHO APPROPRIATES CITY BUDGET?

‘Fate of GEL 288 million remitted to Mayor’s funds not clear’!

Georgian Young Lawyers’ Association (GYLA) studied financial activity of the funds established by Mayor’s Office of the Capital. Actually, the study is a basis for worry because GEL 288 million remitted from the Capital’s budget to funds gives raise to questions. Sulkhan Saladze, young lawyer, author of the study: ‘Tbilisi Mayor’s Office set up funds; then the Office gave certain territories or objects and additional funds from the Capital’s budget

to the fund for carrying out different projects. The funds, in their turn, alienated the given territories or objects to private companies that were chosen at their discretion and the selling price was also determined by them. In case Tbilisi Mayor’s Office desired, they could get more money through direct selling i.e. the city budget would be more replenished. The fund is obliged to present account of carried out work once a year but the Office doesn’t issue these documents and for this reason we have litigation. But at least we managed to learn that to the funds set up by Tbilisi authorities, especially to the one meant for rehabilitation and development of Old City, in 2005-2011 more than GEL 288 million were remitted from the Capital’s budget. Corruption deals come into picture.’
GYLA possesses Mayor’s Office’s correspondences sent to certain structures from which it becomes clear that the funds avoided the law on ‘Public purchases’. To be more exact, the Mayor’s Office itself enabled them to do so by remitting the money to the funds from the state budget as ‘payments’ for purchase. The property, the right of alienation of which was given to the fund, was created by the founder, i.e. by Tbilisi government’s finances. The funds chose companies at their discretion and placed orders.
Sulkhan Saladze: - The City government made a questionable deal with ‘Akhali Rike’ ltd. that was set up 1.5 month before with authorized capital of GEL 200. With the help of a fund the Mayor’s Office alienated 43.350 squire meters of Rike territory for a very cheap price. Later, with the help of the fund for rehabilitation and development of Old City it redeemed the said territory for a much higher price. As a result the City budget suffered losses. The difference of selling and buying made GEL 15.764.500(!). The ‘Akhali Rike’ ltd. was set up by GMC Holding ltd. and physical entity Nikoloz Makharashvili. The share of each side was set at 50-50% and the authorized capital – at GEL 200. In its turn, the  founder of ‘GMC Holding ltd. is ‘Newcom Association Ltd., registered on Virginia Islands of the Great Britain.
Extract from GYLA conclusion: ‘For ownership the fund was given the territory that was not yet alienated by the ministry. As a basis for giving real estate in ownership the Tbilisi government used the legislative norms that were not yet enforced (?!) Thus was the fund of Development of Tbilisi given a part of real estate, including Rike territory as well as part of real estate on Agmashenebeli Ave and Pushkin, Leselidze and Lomouri streets.

 

Print
Other Stories
International observers about the presidential election in Georgia
The presidential election took place on the 28th of October in Georgia.
First Ladies of Independent Georgia
The presidential election took place on the 28th of October in Georgia. It was the last election in which the president will be selected by popular vote.
Funny incidents on Election Day in Georgia
The presidential election took place on the 28th of October in Georgia.
Deadline for the second round of presidential elections in Georgia is December 2
Presidential elections were held on the 28th of October in Georgia. None of the candidates managed to get majority of votes, so the second round of elections is to be appointed.
The USA National Security Advisor John Bolton is in Georgia
National Security Advisor of the United States John Bolton visited Georgia today.
People are detained at the Cannabis Festival
Today, Georgian political movement Girchi holds an event in the Dedaena Park called the Cannabis Festival.
Top safest countries and Georgia is among them - new survey says
Georgia is among the safest countries in the world. This fact is substantiated by various surveys and researches.
Who is interested in the cultivation of cannabis in Georgia?
Several weeks ago the government announced about its initiative to legalize the cultivation of medical marijuana in Georgia.
Fight in Gori – head of administration uses a bin full of manure
There was an incident yesterday in Gori municipality, Georgia at the entrance of the municipality building.
2 Georgian detainees freed from the Tskhinvali prison
Georgian detainees Maia Otinashvili and Akaki Dotiashvili are freed from the Tskhinvali prison. They had been accused of illegally crossing a so-called the borderline into the occupied Tskhinvali region.
Georgia might provide Far East countries with armored vehicles
LEPL State Military Scientific-Technical Center "Delta" might provide several Far East countries with armored vehicles, - “Delta” has informed InterPressNews about it.
Who can be the next first lady of Georgia?
On the 28th of October, presidential elections will be held in Georgia. The last elections in October 2013 resulted in a victory for Giorgi Margvelashvili, a candidate of the Georgian Dream (the ruling party).
Another Georgian kidnapped at the occupational line, stays detained
Maia Otinashvili (a mother of three children) was detained in her own garden on the 19th of September. Eyewitnesses claim that she was kidnapped by armed people with masks.
Fight broke out in the Georgian TV show
Fight in the Georgian Show Archevani (a choice) broke out between the guests yesterday.
7 amendments that come in force today in Georgia
On the 1st of October, 7 new amendments come in force in Georgia.
Speaker of the parliament plays Knockin' on Heaven's Door
What do the politicians do when they have free time? It is an interesting issue in every country.
What are the new New Year decorations for Tbilisi
New Year decorations and its price in Tbilisi is always a matter of discussion in the capital.
Mamuka Bakhtadze gives a speech at the 73rd session of the UN General Assembly
Mamuka Bakhtadze, the prime minister of Georgia is attending the 73rd session of the UN General Assembly from the 24th of September.
Georgia will ban use, import and production of plastic bags
The Georgian government has decided to tighten rules regulating use of plastic bags in Georgia.
The parliament returns to Tbilisi
The Parliament of Georgia will continue working in Tbilisi, the capital of Georgia from January 2019. Currently, the building is located in Kutaisi (west Georgia).
Mamuka Bakhtadze is visiting the USA within the working visit
The Georgian PM Mamuka Bakhtadze Brought a wreath to the tomb of the Georgian military serviceman John Malkhaz Shalikashvili.
Use of plastic bags to be reduced from the 1st of October
Within the framework of the Green Economics and Environmental Protection Policy the Georgian government has approved new regulations
Four Russian Journalists have not been allowed to enter Georgia
Three members of the Russian delegation were not allowed to enter Georgia as this would have violated the Law on the Occupied Territories of Georgia.
Tbilisi sign may appear on the Funicular hill
Hollywood has become a source of inspiration for many people worldwide. A similar idea from a Tbilisi citizen sounds very clever and attractive.
Russia was at an undeclared war with Georgia for years - Matthew Bryza
I think anybody who has observed how Russia has been conducting its war in Ukraine should realize that Russia was at war with Georgia, an undeclared war for years,
PHOTO OF THE DAY
Exchange Rates
GEL Exchange Rate
Convertor
16.11.2018
17.11.2018
USD
1
USD
2.6818
2.6727
EUR
1
EUR
3.0299
3.0268
GBP
1
GBP
3.4332
3.4240
RUB
100
RUB
4.0185
4.0447
Other Stories
On 26 May, Jean-Claude Juncker, President of the European Commission, joined celebrations in the Georgian capital of Tbilisi
Violation of Georgia’s sovereignty and territorial integrity by Assad regime has been strictly criticized
Exactly one year ago, Georgia was granted visa-free travel with the European Union.
Georgia’s ex-president president Mikheil Saakashvili's supporters managed to free detained Mikheil Saakashvili in the center of Kiev.
The US Ambassador to Georgia Ian Kelly congratulates Georgia on Independence Day.
The regulations on the introduction of visa-free travel for citizens of Georgia have been officially signed in Brussels.
The entire Georgia is involved in Secret Santa game, which means that people are sending gifts to each other secretly
The Minister of Foreign Affairs of Georgia is taking part in NATO Ministerial underway in Brussels, Belgium.
A special squad has been mobilized at the 48th polling station in Marneuli, Kvemo Kartli region.
Two politicians in Georgia have come to blows during a live TV debate ahead of the country’s parliamentary elections, Euronews reports.
GEL Exchange
USD
1
USD
2.6727
EUR
1
EUR
3.0268
GBP
1
GBP
3.4240
RUB
100
RUB
4.0447
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