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Saturday, 22 October 2016


Kakha Kaladze sells the bank in Georgia

2011-10-12 12:35

Kakha Kaladze sells the bank in Georgia. 23120.jpegFamous Georgian soccer player Kakha Kaladze may go up for sale his the Progress-Bank.

According to VZGLIAD, captain of the Georgian national soccer team such a decision due to the difficulties faced by his group the Kala Capitals". In this case, the controlling interest will not be sold and Kaladze himself will remain a member of the executive board of the bank.

Earlier there were reports that the Georgian government intends to examine the legality of the company Arsenal City, which is owned by famous Georgian soccer player Kakha Kaladze.

The Arsenal City has not fulfilled obligations to the state, and therefore, the state acquires legal services and starts legal proceedings. The state will meet requirements of the law", as reported by the GHN, Deputy Justice Minister Dmitry Dzagnidze announced this.

It was reported that the company's debt to the state Kaladze is about $ 20 million. Earlier, the soccer player claimed that due to the financial crisis the implementation of this investment project is impossible and asked the state about a delay.

The Arsenal City is a multipurpose complex, within which there would be deployed residential buildings, recreational areas and government buildings. The total project's amount is estimated at several hundred million dollars.

Note also that Kakha Kaladze is known for his sharp speeches against the government of Georgia. Not so long ago he claimed that authorities are harassing its citizens and have established regime similar to Soviet.

"Georgian residents live in poverty, selective justice is obvious, the plight of the prison system, virtually non-existent civil society and NGOs", he said.

Soccer player also said that Georgia now "is repeating the 1937".

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