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Who Owned Georgia English.pdf

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clash continued into the night, culminating in the seizure ofImedi TV and a 15 day State of Emergency. 44Saakashvili said the move was necessary to preventPatarkatsishvili from plotting a Russian backed coup d’état, butit tarnished the President’s international reputation, particularlysince he had come to power through peaceful demonstrations.When Patarkatsishvili died of heart failure February 12th,2008, the ownership of Imedi controversially changed. GiorgiJaoshvili had been the owner of 70% of JMG consulting group 45 ,a company with a 65% stake in I-Media 46 . He was also a chairmanof I-Media’s board of supervisors. Jaoshvili said that he wasforced to sell his shares to Joseph Kay (aka Soso Kakishvili), adistant relative to the billionaire. Kay, a driving instructor in theUSA, claimed he was the executor of the will 47 . After reviewingthe documents, Joashvili accompanied Kay to the notary,which Joashvili stated at a press conference, was surrounded byrepresentatives of law enforcement agencies.“I explained to them that I had no right to sell or hand overmy shares without agreement from other co-owners,” Jaoshvilisaid. “The representatives from the law enforcement agencies,which were present there, told me that there would be noproblems with other co-owners. Then I explained that Imedi’sassets were frozen [Patarkatsishvili assets were frozen in Januaryin connection with criminal charges against him involvingconspiracy to overthrow the government]… In two hours,however, they brought court papers saying that the assets wereunfrozen. After that I signed a sale-purchase agreement.” 4844 Riot Police Disperse Protesters. Civil.ge November 7, 2007 http://www.civil.ge/eng/article.php?id=16218 Accessed on 05/12/201245 Public Registry. Ministry of Justice of <strong>Georgia</strong>. Page 31 https://enreg.reestri.gov.ge/main.php?c=app&m=view_doc&doc_id=36791 Accessed on05/12/201246 Ex-Formal Owner Claims Pressure over Imedi TV December 10, 2008 http://www.civil.ge/eng/article.php?id=20110 Accessed on 05/12/201247 Ibid48 Ibid17

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