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Agrotrans Limited could lose Monopoly in Oil Business

Published: July 30, 2013 | 9:45 am
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The company Agrotrans Limited, owned by the former Defence Minister Davit Kezerashvili, could lose its monopoly in the oil business. The Court of Appeals is currently reviewing the appeal submitted by Agrotrans Limited and the Poti Sea Port in the legal case against the company Elenko Georgia. Shalva Khachapuridze, the lawyer representing Elenko Georgia, states that an agreement was signed in 2010 between the Poti Sea Port and Agrotrans Limited, effectively affording the latter a 20 year monopoly in the Georgian oil sector. According to him, the case has already been won by his side in the Court of First Instance, yet now there are fears that pressure might be exercised on the appeal judges for the purposes of protecting the previous government’s business interests. Mr. Khachapuridze has also submitted a case to the Prosecutor General’s Office, demanding that criminal proceedings be instigated against the individuals involved in the aforementioned deal, as well as other monopolistic arrangements.

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