Who Owned Georgia English.pdf

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38WHO OWNED OUTDOOR ADVERTISING?When Charbel Aoun was kidnapped in 2001, his employer,Lebanese businessman, Fadi Asly, hired 50 billboards throughoutTbilisi advertising Aoun’s kidnapping in an effort to pressureauthorities to secure his release. It was widely believed thatinterior and security ministry officials at that time used tomoonlight as kidnappers. 147 Thankfully, those days are far behindus. Government officials, their friends and family members nolonger resort to such boorish means to earn a profit.If Charbel Aoun were kidnapped by ministry officials today,Asly would have to hire billboards from Outdoor.ge or Smod,which are the two largest providers of outdoor advertising in thecountry or the only provider, depending on how you look at it.And considering how close their links were to the Saakashviligovernment, he might actually have found it more constructiveto pay the ransomers instead.In 2009, the City of Tbilisi auctioned off two permits tomanage outdoor advertising sights for a period of 12 years.Outdoor.ge got the area on the right side of the Mtkvari River,while billboards on the left side of the river were rewarded toMagi Style Media, Irakli Chikovani’s (of the GNCC) and GiorgiGegeshidze’s (director/co-owner Rustavi 2) company. 148 In 2011,Smod Advertising LLC took over the Magi Style Media permit 149 .You won’t find Smod online or listed in the phone-directory (yell.ge), but it is owned by Smod Equities Corp 150 , a Panamanian shell147 Fady Asly: Doing Business in Georgia Under Attack. December 24,2012 Radio Free Europe. Radio Liberty. http://www.rferl.org/content/article/1341597.html Accessed on 05/12/2012148 Public Registry. Ministry of Justice of Georgia, 18/10/2012https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=465376&app_id=540650 Accessed on 05/12/2012149 Procurement Agency’s (Tbilisi City Hall) response to a freedom ofinformation request by TI Georgia (07/129614-8), received October 19, 2011.150 Public Registry. Ministry of Justice of Georgia, 23/08/2012 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=338787&app_id=390097 Accessed on 05/12/2012
company 151 . Its official representative in Georgia is AlexandreGogokhia, who according to a 2008 media report, served asOutdoor.ge’s Chief Financial Officer 152 . He is also a member ofthe Board of the Georgian Lottery Company (GLC). 153The GLC won a tender for a 15 year license for all lotterygames in Georgia on July 1st, 2009. In August 2011, it gave 70%of its shares to the state-owned Georgian Post office 154 , with a5 year hold on its management rights. Former finance minister,Kakha Baindurashvili now serves as both GLC’s board chair andhead of the post office’s supervisory board. 155The remaining 30% of GLC’s shares are owned by LexorCapital Corp, a shell company located in the British Virgin Islands.It is represented in Georgia by Dimitri Chikovani, who is thebrother-in-law of former Defense Minister Davit Kezerashivili 156and until September 2011, served as the CEO of Outdoor.ge. 157151 Registro Público de Panamá,https://www.registro-publico.gob.pa/scripts/nwwisapi.dll/conweb/MESAMENU?TODO=SHOW&ID=643043 Accessed28/10/2011.152 Pirweli.com.ge (2008): Advertising company Outdoor.ge presents newservices. http://pirweli.com.ge/index.php?option=com_content&task=view&id=15590&Itemid=99999999 Accessed 28/10/2011. Currently unavailable(01/10/2013)153 Transparency International Georgia’s report on Georgian AdvertisingMarket p.27. December 2011 http://transparency.ge/sites/default/files/post_attachments/TI%20Georgia%20-%20The%20Georgian%20Advertising%20Market_0.pdf Accessed 05/12/2012.154 Public Registry. Ministry of Justice of Georgia, 11/08/2011 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=300109&app_id=345398 Accessed on 13/12/2012155 Lottery nationalized and put under management of Georgian Post.Transparency International Georgia. 03 September 2011 http://transparency.ge/en/blog/lottery-nationalized-and-put-under-management-georgian-postAccessed 05/12/2012.156 The Georgian Advertising Market. p.11. Transparency International Georgia.December, 2011 http://transparency.ge/sites/default/files/post_attachments/TI%20Georgia%20-%20The%20Georgian%20Advertising%20Market_0.pdfAccessed 05/12/2012.157 Ibid39
Page 5 and 6: INTRODUCTIONOne day shopping with m
Page 7 and 8: closely affiliated to Eduard Shevar
Page 10 and 11: news to the Autonomous Republic of
Page 12 and 13: If the authorities had wanted, they
Page 14 and 15: Tbilisi Mayor Gigi Ugulava, who was
Page 16 and 17: Kakhi Beqauri and Eldar Mdinaradze.
Page 18 and 19: oadcasting 39 but sold the frequenc
Page 20 and 21: He went on to say that later that d
Page 22 and 23: with Russia, which sent the nation
Page 24 and 25: Irakli Okruashvili case in Septembe
Page 26 and 27: them in the street. They took trans
Page 28 and 29: Maestro contends the dishes were pa
Page 30 and 31: In the meantime, Chikovani has rema
Page 32 and 33: General Media arrived in early 2011
Page 34 and 35: merger of the Caucasus Network, Geo
Page 36 and 37: In cases when the owner of a busine
Page 38 and 39: the shares and LLC Investico Allian
Page 42 and 43: The latest Civil registry entry has
Page 44 and 45: On September 12, 2011, JSC Adprojec
Page 46 and 47: ut we are only partly correct. The
Page 48 and 49: estaurants to confiscate documents
Page 50 and 51: Delta Holding, the football (soccer
Page 52 and 53: A PHARMACEUTICAL OLIGOPOLY“Why ar
Page 54 and 55: to construct manufacturing sites an
Page 56 and 57: A loan from the European Bank for R
Page 58 and 59: People’s Pharmacy, a small pharma
Page 60 and 61: the large import/distributors and r
Page 62 and 63: that the decrease could be their sh
Page 64 and 65: Kvadimax, Enozid H, Musitroli, Amta
Page 66 and 67: 64IT’S CALLED DEVELOPMENTIn 2002
Page 68 and 69: uling party leader in the region wa
Page 70 and 71: Federation. The Georgian prosecutor
Page 72 and 73: went to Argilstone Investment and 4
Page 74 and 75: (10%). 290 Like Lemise, Interplast
Page 76 and 77: then buying it back from that group
Page 78 and 79: elonged to Kapital Vostok, a Swiss
Page 80 and 81: a fantasy settlement just south of
Page 82 and 83: made quite a profit, as Sairme is i
Page 84 and 85: and the Tbilisi Development Fund, t
Page 86 and 87: land from the Fund along Aghmashene
Page 88 and 89: On December 24th, the economy minis
Page 90 and 91:
had never been properly notified. 3
Page 92 and 93:
In 2009, Stanton was renamed GeoPro
Page 94 and 95:
Tkibuli is a derelict post-Soviet i
Page 96 and 97:
POSTSCRIPTWhen Georgians went to th
Page 98 and 99:
While Rustavi 2 was passing through
Page 100 and 101:
On October 5, Maestro TV and Global
Page 102:
and further reasons why foreign inv
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