Chamber of Notaries responds to Rico Credit

The Chairman of the Chamber of Notaries has responded to the head of Rico Credit Lasha Nikolaishvili, who expressed his displeasure about the increased role played by the notaries in the Justice Ministry’s process of inspecting private mortgage lenders. According to Mr. Nikolaishvili, the notaries themselves could become the largest group of money-lenders. However, the comments have been described by the Chairman of the Chamber of Notaries as unqualified, who added that he sees no danger whatsoever in an increase of the role played by the notaries in the process.