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Thursday, 27 October 2016


Georgian government: No one has frozen accounts of the "Georgian Dream"

2012-08-22 17:35

The Government of Georgia has denied the media reports that the government had frozen the bank accounts of the coalition of billionaire Bidzina Ivanishvili "Georgian Dream" and related political parties, the News-Georgia reported.


Earlier, the representatives of the coalition "Georgian Dream" reported about the imposition of encashment on the bank accounts of the subjects of the coalition, which is why the party could not withdraw the amount needed for the campaign from the accounts.

"The accounts of the parties were not frozen", said in a statement posted on the website of the Cabinet. As specified, in this case, under the law, they have used the encashment to impose fines, not the arrest of the accounts.

The government stressed that the coalition "Georgian Dream" has created illegal schemes in order to finance the election campaign bypassing the Georgian legislation, and its leaders have publicly stated that they would not obey the law. It was also noted that the state audit service had provided evidence basing on which the court had fined "Georgian Dream" and its coalition partners for breach of legislation governing campaign financing, the IA Regnum reported.

"In this particular case, mentioned by the "Georgian Dream" lobbyists, the executive office is fulfilling the decision of Tbilisi City Court from June 27, 2012. The court has found that members of the political coalition "Georgian Dream" had violated the law governing the financing of political parties, and fined 2.85 million lari (about 1.67 million U.S. dollars)", said in a statement.

The government stresses that the collection order authorizes the National Executive Bureau to enforce the judgment without freezing the accounts and without interfering in the money movement.


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