...

Georgian billionaire intends to establish party to participate in 2012 parliamentary elections (UPDATE)

Georgia Materials 5 October 2011 12:54 (UTC +04:00)

Details added (the first version was posted at 12:47)

Georgia , Tbilisi, Oct.5 / Trend, N.Kirtskhalia /

Georgian billionaire Bidzina Ivanishvili intends to establish political party to participate in the Georgian parliamentary elections in 2012.

"I decided to establish a party to participate in the parliamentary elections in 2012," the oligarch said in his statement distributed by "Kartu Group " press service owned by Ivanishvili.

A full text of Ivanishvili 's statement will be distributed on Oct.7.

A month ago Ivanishvili made ​​ a statement, in which he criticized President Mikheil Saakashvili and the elections held in the country.

Ivanishvili often appears in a list of 100 richest people in Russia, where he has a business. His property is estimated at $4.8 billion .

Ivanishvili is mainly engaged in charity in Georgia.

Tags:
Latest

Latest