Ivanishvili-Linked Companies Change Registration As Expert Suggests ‘Flight From Offshore’

A corruption expert has suggested that Georgian Dream’s billionaire founder, Bidzina Ivanishvili, is attempting to “flee from offshore” after the ownership of several companies linked to his Co-Investment Fund (GCF) was transferred from entities registered in Luxembourg directly to Ivanishvili’s wife, Ekaterine Khvedelidze. The changes, involving at least eight companies previously owned by Luxembourg-based LLC …

By Civil.ge