Transparency International Georgia has examined the assets of current and former members of the Georgian Dream party, officials and businessmen close to the party in the European Union.
In total, the organization has sought information about 18 individuals who own companies or real estate in EU countries: France, Germany, the Netherlands, the Czech Republic, Spain, Denmark, Slovakia, Hungary, Greece, Cyprus.
BMG Transparency International Georgia offers the following unmodifyd version of the study:
Bidzina Ivanishvili
Companies: The Ivanishvili family’s international business empire consists of about 20 foreign companies (that are known so far), through which the family owns about 125 Georgian companies and a large amount of real estate. Most of these foreign companies are registered in European jurisdictions: Great Britain, Luxembourg, the Netherlands and France. Bidzina Ivanishvili himself is still a French citizen.
Real estate: Bidzina Ivanishvili and his wife own 2 real estate properties in Paris:
1. 1,935 sq m of land and a 300 sq m residential building in Paris, at 1 Allée des Robichons, La Celle-Saint-Cloud, 78170. The owner of the real estate is Ekaterina Khvedelidze.
2. 110,925 sq m of mainly forested land in Paris, at 29 Rue de la Princesse, Louveciennes. The direct owner of the property is a real estate management company registered in France called SCI Du 29 Rue De La Princesse, which is jointly owned by Bidzina Ivanishvili and his wife.
Kakha Kaladze
Position: Mayor of Tbilisi
Real estate and company: Kakha Kaladze owns a 7-room apartment in Paris, which he purchased in early 2022 for 3.5 million euros. The apartment is officially owned by a company called Kala Capital, which Kakha Kaladze and his wife registered in early 2022, and is now fully owned by his wife. The company is registered at the same address as the apartment – 49 Boulevard Lannes.
All four of Kakha Kaladze’s children are presumably EU citizens, as they were born in Italy and France.
Anton Obolashvili
Position: Georgian Dream MP
Real estate: Anton Obolashvili and his wife own a 130 sq m apartment in Paris, 33 Rue de Lubeck, which they purchased in 2014 for €1,165,030. In 2019, they also purchased a garage for €58,000.
Kakhi Bekauri
Position: Chairman of the Georgian National Communications Commission
Company: On June 28, 2024, Kakhi Bekauri and his wife, Ekaterine Beridze, founded the company Nap Real Estate in Paris, 47 Avenue Hoche, 75008. The company’s official activity is real estate management. According to the 2024 declaration, Bekauri and his wife contributed a total of 1,764,991 euros to the company’s authorized capital. It is likely that this amount was intconcludeed for the purchase of real estate in France.
Vakhtang Jaoshvili
Affiliation: Ambassador of Georgia to the Republic of India
Real estate: Vakhtang Jaoshvili’s wife and child are French citizens, his wife owns 3 real estate properties in France:
1. 29 sq.m. apartment, Fontainebleau, 21 bd de Magenta, which, according to the declaration, was purchased in 2024 for 147,926 euros.
2. 2A 90 sq m apartment, Avon, 3 rue des Courtils, which, according to the declaration, was purchased in 2006 for 280,800 euros.
3. A 140 sq m residential building, Fontainebleau, 39 rue des Provenceaux, which, according to the declaration, was purchased in 2018 for 370,000 euros.
Levan Kobiashvili
Position: President of the Football Federation, former member of parliament
Real estate: Levan Kobiashvili and his wife Tamar Tsuleiskiri, who is herself a former official (former head of the Information Center on NATO and the European Union), own 2 real estate properties in Germany, namely in Berlin:
1. A 770 sq m plot of land and a 550 sq m residential building on it, which, according to the declaration, was purchased in 2014 for 1,690,000 euros,
2. A 110 sq m apartment, which, according to the declaration, was purchased in 2020 for 945,000 euros.
Both of Levan Kobiashvili’s children are presumably EU citizens, as they were born in Germany.
Giorgi Kajaia
Position: Ambassador in the Interests Section of Georgia at the Embassy of Switzerland in the Russian Federation in Moscow (former)
Real estate: Giorgi Kajaia’s German wife owns a 100 sq m apartment in Berlin, Sonntagstrasse 15, which, according to the declaration, was purchased in 2008 for 200,000 euros.
Irakli Rukhadze – Bidzina Ivanishvili’s business partner and owner of the Georgian Dream’s main propaganda media outlet, TV Imedi
Companies: Irakli Rukhadze owns his Georgian business assets through several companies registered in the Netherlands, these companies are:
TeleImedi → Media Finance Group B.V.
Liberty Bank → Georgian Financial Group B.V.
Georgian Cement (formerly Heidelberg Cement) → Caucasuscement Holding B.V. and Cement Invest B.V.
Rustavi Steel → Tolanius Beheer B.V.
Nikoloz Laliashvili
Position: Ambassador of Georgia to Hungary and Montenegro
Company: Nikoloz Laliashvili owns a 50% stake in Spacefoods Holding B.V. (Nassaukade 304A 2, 1053LN), which is registered in the Netherlands.
His wife, a Slovak citizen, owns a company registered in the Czech Republic called JSC Zetor Brno.
Alex Akhvlediani
Position: Former Director of the Maritime Transport Agency
Real estate: Alex Akhvlediani owns two real estate properties in the Czech Republic:
1. A 320 sq m apartment in the Czech Republic, Prague, Kovčinu 139, which, according to the declaration, was purchased in 2013 for 860,000 euros.
2. A 3,000 sq m plot of land, Prague, Lobanova 41/43, which, according to the declaration, was purchased in 2012 for 485,000 euros.
Companies: Alex Akhvlediani owns 100% shares in two companies registered in the Czech Republic: GSG Wine Company and Akhmusi; as well as a 100% share in the company Navtilus Doo, registered in Slovenia.
Nino Tsilosani
Position: Georgian Dream MP
Company: Nino Tsilosani owns a 25% stake in the Czech-registered company S.R.O Almitrans (U Zvonařky 2536/1d).
Nikoloz Nikolozishvili
Position: Ambassador-at-large
Real estate: 106 sq m apartment in Bratislava, Slovakia, Gajovas 17, which, according to the declaration, he purchased in 2008 for 278,000 euros. His wife is a Slovak citizen.
Romeo Mikautadze
Position: First Deputy Minister of the Minisattempt of Economy and Sustainable Development (former)
Real estate: 120 sq m apartment in Madrid, Spain, Barbieri Street 15, which, according to the declaration, was purchased in 2024 for 660,000 euros.
Natela Menabde
Position: Ambassador of Georgia to the Kingdom of Denmark
Real estate: 154 sq m apartment in Denmark, Hellerup, Gentofte, Brigertorvet 2, which, according to the declaration, was purchased in 2005 for 4,260,000 Danish kroner (670,000 USD at today’s exmodify rate).
Giorgi Sharvashidze
Position: Ambassador of Georgia to the Republic of Armenia
Real estate: 87 sq m apartment in Budapest, Hungary, at 25 Sofia Street, which, according to the declaration, was purchased in 2006 for 100,000 euros.
Giorgi Sharvashidze’s child was born in Hungary.
Gaiozi Kajaia
Position: Deputy Head of the Vake-Saburtalo Main Division of the Tbilisi Police Department
Real estate: 60 sq.m. apartment in Greece, Thessaloniki, Kharitonomu 6.
Magdana Kurashvili
Position: Chairperson of the Tsageri Municipality Council Commission
Real estate: 130 sq m apartment in Cyprus, Limassol, Kanika, Kennedy 15, which, according to the declaration, was purchased in 2007 for 100,000 euros.
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