About Civil.ge
Eng | Geo | Rus
Last updated: 11:21 - 20 Feb.'17
RSS
Mobile
Twitter
Facebook
Kitsmarishvili Says Wants to Reclaim Rustavi 2 TV
Civil Georgia, Tbilisi / 26 Nov.'08 / 16:05

Erosi Kitsmarishvili, a founder and former owner of the Rustavi 2 TV and Georgia’s ex-ambassador to Russia, said on November 26, he wanted to regain control over the television stations.

Speaking at a news conference, Kitsmarishvili, who was the President Saakashvili’s close associate, has claimed that the authorities “seized” the Rustavi 2 TV from him in 2004.

“I will file a law suit against [President] Saakashvili and demand return of my shares into the television station,” he said. “As soon as I reclaim my shares back, I will hand over these shares into the television station to a group of journalists and I will only work on management.”

In 2004, as it was reported at that time, Kitsmarishvili sold his shares to a businessman Kibar Khalvashi, who was a close friend of then interior minister, Irakli Okruashvili. Kitsmarishvili alleged just recently that he was forced to give up his shares in the television stations. He has made no such allegation in previous years. 

The ownership of the television station again changed in 2006 after Okruashvili quit the government. The new shareholder of the television station in November, 2006 became Georgian Industrial Group (GIG), owned by MP Davit Bezhuashvili, a brother of Gela Bezhuashvili, who is now chief of the intelligence service.

It emerged in 2007 that offshore company GeoMedia Group owned 55% of the television station’s shares and the rest was owned by GIG. No information is available about GeoMedia Group, which is registered in Marshall Islands.

Kitsmarishvili claimed on November 7, 2008 that President Saakashvili was personally behind that offshore company and he was a holder of bearer share certificate of GeoMedia Group.

The most recent redistribution of shares in the television station came this year. Irakli Chikovani, general director of the Rustavi 2 TV, has become owner of 30% of the television station’s shares, according to the notification sent by the TV company to the Georgian National Communications Commission (GNCC). According to the notification, dated with November 7, GeoMedia Group’s shares into the television station have been decreased from 55% to 40% and the Georgian Industrial Group’s (GIG) shares from 45% to 30% as a result of the changes.

Latest News
20 Feb.'17 11:21
Georgian PM Meets World’s Leaders in Munich
PM Giorgi Kvirikashvili attended the Munich Security Conference on February 17-19.
18 Feb.'17 02:45
Rustavi 2 TV Suspends Broadcasting until Sunday
The channel will resume broadcasting after its rally on February 19.
17 Feb.'17 17:25
‘Senior Cleric’ Not a Target, Prosecutors Say
The prosecutors said on February 16 that the alleged murder plot target was not the Orthodox Patriarch.
17 Feb.'17 13:31
EU-Georgia Parliamentary Association Committee Meeting in Strasbourg
The Committee expects visa-free travel to become ‘a concrete reality’ during the month of March.
16 Feb.'17 17:16
NATO-Georgia Commission Meeting in Brussels
NATO Defense Ministers decided to enhance the organisation’s presence in the Black Sea region.
16 Feb.'17 15:19
Research: Georgia’s Economic Freedom Index Improved
Georgia is ranked as 13th freest economy in the world and 5th freest in Europe.
15 Feb.'17 17:23
Defense Minister to Attend NATO-Georgia Commission
The NATO-Georgia Commission will be held on February 16 as part of the NATO Defense Ministerial.
15 Feb.'17 15:23
Defense Ministry Reinstates Conscription
Conscription was annulled in June by former Defense Minister, drawing criticism from the ruling party.
15 Feb.'17 10:22
United States Condemns S. Ossetia Referendum
The U.S. will not recognize the results of ‘an illegitimate referendum,’ the Embassy says.
14 Feb.'17 23:06
Foreign Minister Concludes Azerbaijan Visit
Georgia’s Foreign Minister Mikheil Janelidze was on his two-day official visit to Baku.

About Civil Georgia
Civil.Ge © 2001-2017, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
68