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Who Owned Georgia English.pdf

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In the meantime, Chikovani has remained a shareholderin Meno International, Bedegi 103 and Magi Style 104 constructioncompanies, all of which he co-owns with Giorgi Gegeshidze,director of Rustavi 2, which is subject to GNCC regulations.Magi Style was involved in constructing the new parliamentbuilding in Kutaisi. Chikovani also co-owns Magi Style Media 105 ,an advertising agency that, among other services, offers outdooradvertising, broadcast design and television advertisementproduction. The head of the GNCC legal department declared thatin no way do Chikovani’s activities violate conflict of interest rulesand that these issues were “explored” before his appointment 106 .However, on November 6th, 2012, Maestro TV aired a secretlyrecorded conversation between Chikovani and a representativeof Caucasus Online. The tape allegedly reveals that Chikovanihad been covering up Caucasus Online’s transmission of TVchannels without a contract for nearly one year. 107 When therecording was made, Rustavi 2 was headed by Gegeshidze, whohad 10% of Rustavi 2’s shares. The remaining 90% were ownedby Levan Karamanishvili, who represents Nelgado Limited, anopaque British Virgin Islands shell company that owns 50% ofCaucasus Online (via International Online Networks, BVI) 108 . If103 Public Registry. Ministry of Justice of <strong>Georgia</strong> 27/01/2011 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=210203&app_id=238950 Accessed on 05/12/2012104 Public Registry. Ministry of Justice of <strong>Georgia</strong> 15/02/2010 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=20168&app_id=27763 Accessed on 05/12/2012105 Public Registry. Ministry of Justice of <strong>Georgia</strong> 22/02/2010 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=24179&app_id=32134 Accessed on 05/12/2012106 Conflict of Interest in GNCC. Media.ge http://www.media.ge/content/interestha_konphliqti Accessed on 14/11/2012107 Maestro Circulates Materials Compromising Irakli Chikovani. Media.ge.6/11/2012 http://www.media.ge/en/stories/maestrocirculatesmateria Accessedon 13/12/2012108 Audio recording highlights conflict of interest of top media and telecomsregulator. Transparency International http://transparency.ge/en/node/2508Accessed 05/12/201228

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