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Anaklia Development Consortium releases statement

Anaklia Development Consortium releases statement
Anaklia Development Consortium releases statement

"This is a continuation of political retaliation by the Georgian Dream, which tried to kill the Anaklia deep-water port project," the "Anaklia Development Consortium" responds to the decision of the Tbilisi City Court in the case of shareholders - Mamuka Khazaradze and Badri Japaridze.

"This decision is an attempt by the Georgian court and government to maintain a political face.

The court did not share the prosecution's charge of money laundering, although it changed the qualification to fraud, for which it had no legal basis.

This result is a farce because the prosecutor's office has not filed charges against Mamuka Khazaradze and Badri Japaridze for such a crime.

From our point of view, this decision proves once again that it is the ruling party's intention - not to implement the Anaklia project, or if it continues, not with the participation of consortium investors.

With this court decision, the Georgian Dream government also expelled foreign direct investment and damaged the Georgian economy," mentions the statement issued by the consortium.

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