The founder of Georgia’s ruling party Georgian Dream, Bidzina Ivanishvili still owned large real estate in Russia as per an international investigation. He founded the Georgian Dream Party in the year 2011.
The international journalist investigation sheds light on the new facts. Although the founder of GD in 2011 at the time of the formation of Georgian Dream declared that he would sell all his moveable and immovable assets in Russia, but new investigation proved this wrong.
The investigation which revealed Ivanishvili’s real estate ownership was jointly conducted by many international organizations. These organisations include the OCCRP (Organised Crime and Corruption Reporting Project), histories, GMC, Studio Monitori, iFact, and Transparency International-Georgia.
The investigation further disclosed that Ivanishvili’s properties are registered in his, his wife’s, and his son’s names. The family of Bidzina Ivanishvili bought land in Moscow’s Odintsovo district in 1997-1998. At the same time the investigator stated that Ekaterine Khvedelidze continued to acquire the property until 2013..
On the other hand the preliminary investigation disclosed that some adjacent plots of land around the Odintsovo residence are also the property of Ivanishvili’s family. According to the investigation nine plots are registered in the name of Ivanishvili’s family in the Odinstovo district. The property includes a 795-square-meter residence, three garages, and nine others with a total cost of around $11 million.
Similarly the investigation also bring to light on the properties that fall in the Sokol District of Russia. The Sokol properties have a value of USD 9,000 per month. Another residential apartment owned by Ekaterine Khvedelidze and Uta Ivanishvili cost USD 3.8 million. Moreover it was declared as his assets during his run for the post of Prime Minister back in 2013.
Notbaly the Georgian Dream Party has already faced the public’s and opposition parties’ wrath over adopting the foreign agent’s law. The opposition parties accused the Ruling Party of Georgia “Georgian Dream” of wanting to stifle independent media voices with the foreign agent’s law.
