About Civil.ge
Eng | Geo | Rus
Last updated: 02:38 - 1 Jul.'16
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
01 Jul.'16 02:38
U.S. Secretary of State to Visit Georgia
John Kerry will visit Georgia and Ukraine on July 6-7, before traveling to Warsaw for NATO summit.
30 Jun.'16 22:48
U.S. Upgrades Georgia in Human Trafficking Report
After three years in Tier 2, Georgia was upgraded to Tier 1 in the annual Trafficking in Persons report.
30 Jun.'16 20:33
Burjanadze’s Party Calls for ‘Non-Bloc Status’ for Georgia
She makes the issue part of her party’s campaign ahead of the parliamentary elections.
30 Jun.'16 13:04
Russia Releases Georgian Jailed for Spying
Total of seven Georgian citizens, serving prison term for spying, have been released by Russia since 2014.
30 Jun.'16 11:16
May GDP Growth 2.1% - Preliminary Data
Annual economic growth was 2.9% in the first five months of this year.
29 Jun.'16 17:20
GDDG Against Georgian Opposition MP’s Bid for OSCE PA Presidency
OSCE PA to elect new president at annual session in Tbilisi; MP Tsereteli is one of the candidates.
29 Jun.'16 15:57
German FM and OSCE Chair Visits Armenia, Azerbaijan, Georgia
Steinmeier, who is OSCE’s chairperson-in-office, will address OSCE PA annual session in Tbilisi on July 1.
29 Jun.'16 11:52
Georgian Leaders Condemn Ataturk Airport Attack
“We express our firm support to the Turkish government in fight against terrorism,” President said.
28 Jun.'16 18:16
Georgian President to Visit Germany
President Margvelashvili will meet Chancellor Merkel on June 30.
28 Jun.'16 16:37
UNM Unveils Economic Part of Election Program
Opposition party pledges to reduce taxes, cut bureaucracy and increase pensions if it wins elections.

About Civil Georgia
Civil.Ge © 2001-2016, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
38