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Bidzina Ivanishvili fined on $ 1.65 million

2012-03-21 13:30

Georgia's service to monitor financial activities of political associations of the Control Chamber has fined businessman and politician Bidzina Ivanishvili on $ 1.5 million.

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As reported by the Rosbalt, Georgia's service to monitor financial activities of political associations of the Control Chamber has fined businessman and politician Bidzina Ivanishvili on $ 1.65 million (GEL 2.7 million). Ivanishvili was accused of the implementation of the illegal financing of individuals.

Under the current law of the country, the total amount of donations to political parties from any citizen should not exceed 60,000 lari ($ 36,600) a year. Organizations and corporations are not able to fund political organizations (the relevant amendments were adopted in December last year), Lenta.ru reported.

"Georgian Dream" is not officially a political party, but these restrictions for funding are applied at this coalition too.

Bidzina Ivanishvili is the founder of the opposition movement "Georgian Dream". According to the authorities, persons associated with the movement have illegally received from a businessman $ 165 thousand. Accordingly, the penalty is ten times the size of this amount.

 

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