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Georgian Railway to GEL 10 Million

Published: June 17, 2013 | 12:45 pm
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Georgian Railway will get additional GEL 10 million since Georgian billionaire David Iakobashvili has retuned Georgia Transit to the latter. Koka Guntsadze, Head of the Supervisory Board of Georgian Railway, told TV3. United National Movement (UNM) representatives claim that Georgian origin Russian billionaire was urged to return Georgia Transit to Georgian Railway. However, Iakobashvili denied pressure accusation. Guntsaze also excluded UNM’s claim. Head of the Supervisory Board of Georgian Railway stated that the company has been benefiting from preferential tariffs for years and millions of Lari were transferred to offshore accounts.

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