Georgia, Tbilisi, July 2 /Trend N.Kirtzkhalia/
The National Executive Office of Georgia has announced an auction for assets of various companies belonging to the leader of the opposition coalition Georgia Dream Bidzina Ivanishvili.
Some 100 percent of shares in JSC Kartu groups and 21.7 percent stake in JSC Progress Bank are put up to auction, National Executive Office of Georgia told Trend.
Levan Samharauli National Bureau of judicial examination estimated the shares owned by Ivanishvili.
Levan Samharauli National Bureau of judicial examination estimated 100 percent stake in JSC Kartu Groups at 151 880 661 lari ($1 = 1.65 lari), and 21.7 percent stake in JSC Progress Bank - at 3,566,498 lari.
The initial price of shares owned by Bidzina Ivanishvili in JSC Kartu Groups and JSC Progress Bank is set in accordance with the law On Enforcement Proceedings. Thus, the nominal price of 100% stake in the Kartu Group " made up 75 940 330.50 lari, and the Progress Bank - 1 783 249 lari.
In case of payment of fines by the debtor, all executive action will be canceled. Accordingly, the auction will stop and the arrest imposed on the property will be lifted.
National Executive Bureau imposed arrest on shares of Bidzina Ivanishvili in Kartu Group, Kartu Bank and Progress Bank. One hundred percent of the shares in Kartu Group, 100 percent in Kartu Bank and 21.7 in Progress Bank to collect fines from him.
Do you have any feedback? Contact our journalist at firstname.lastname@example.org