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General Director of Cartu Bank Addressed Georgian Government

Published: July 4, 2012 | 10:35 am
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The COMMERCIAL TIMES

General Director of Cartu Bank and the Chairperson of the Supervisory Board Nodar Javakhishvili calls on the government to cancel the public auction, which intends to sell 100% of the shares of Cartu Group.

“We call on the government to return in the legislative frames of our country and cancel the expropriation of the property of foreign citizens, cancel the auction and give a possibility to its founders to carry out property holding and management rights,” declared Nodar Javakhishvili during the briefing on July 4.

Cartu Group shares were auctioned after Ivanishvili refused to pay the fine imposed against the company for alleged vote-buying.

 

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