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Protests by Archimedes Global Georgia Shareholders

Published: August 23, 2013 | 11:16 am
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The foreign shareholders of Archimedes Global Georgia have objected to the forced appointment of a temporary administrator at the insurance company. Letters of protest have already been sent to international financial organisations and diplomatic institutions.
The company’s foreign shareholders will arrive in Tbilisi on Tuesday together with the Director General, and will initiate legal action against the Insurance Supervisory Council’s decision.

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