Who Owned Georgia English.pdf

made quite a profit, as Sairme is in a touristic zone; but theychose to give it away. 323Resort Sairme LLC was the state-owned company that tookover their property and on Sept. 18, 2011, it transferred thecompany to the Sairme Development Company LCC, 324 whichwas owned completely by Temur Kokhodze, who was aparliamentarian for the ruling United National Movement party.Kokhodze was also a member of the Legal Affairs Committee andof the Committee for Field Economy and Economic Policy. 325The transfer occurred without a tender. Kokhodze claims thathe paid 60,000 GEL for the property. 326 In return, he committedto invest 10,000,000 GEL in the complex, meteorological station,spa, accommodations and one 5 star hotel. 327Before Kokhodze became a parliamentarian in 2008, he wasestablishing his automobile parts and service empire, TegetaMotors 328 . Because Georgian law forbids MPs to hold any kindof executive, oversight, controlling, revision, or consultativebusiness functions and to profit from any kind of commercialaction, Kokhodze gave up his spot as general director of Tegetato become a parliamentarian. Georgian law, however, doesn’t sayhe can’t profit from his shares in businesses.For a parliamentarian, Kokhodze does alright. His TegetaMotors shares brought him 505,449.75 GEL in 2012. He is alsoa partner in the Transcaucasus Distribution Company and it’s323 Ibid p.5324 ibid p.6325 Sairme Resort was given to an MP from UNM for Gel 1. For.ge http://www.for.ge/view.php?for_id=3544&f_cat=9&a_title=%60kurorti Accessed12/12/2012326 Studio GNS Investigation http://www.youtube.com/watch?feature=player_embedded&v=lyorc2kGISI Accessed 13/12/2012327 Sairme Resoft was given to an MP from UNM for Gel 1. For.ge http://www.for.ge/view.php?for_id=3544&f_cat=9&a_title=%60kurorti Accessed12/12/2012328 Sairme is a property of the MP from United National Movement. Netgazeti.gehttp://netgazeti.ge/GE/47/News/4706/ Accessed 15/11/201280