Rustavi 2 staff will keep their jobs, says major shareholder
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Current Director General of one of Georgia’s largest private broadcasters, Rustavi 2 has offered to purchase the company's shares from its major shareholder Kibar Khalvashi.
The nine-member high chamber of the Supreme Court ruled on the ownership of the TV company yesterday evening in favor of former shareholder Khalvashi yesterday.
Director General of Rustavi 2,Nika Gvaramia said in a special briefing late last night that if Khalvashi treats the company as a business and plans to sell it at some time in the future, the company’s staff "those, who have been carrying Rustavi 2 on their shoulders”, will buy his shares.
Gvaramia said the TV company will continue broadcasting and "you cannot switch us off the air, or take us away”.
Gvaramia made the statement in response to Khalvashi, who told press after the verdict had been read that the broadcaster is a material asset for him as a businessman. However, he believes the company has professional staff who should keep their jobs.
Rustavi 2 will serve people and avoid being a biased TV company carrying out interests of any [political] party”, Khalvashi said.
However, he refused to accept Gvaramia’s offer. He said he believes ex-President Saakashvili stands behind Gvaramia.
Khalvashi claims he had purchased the broadcasting company for $7 million USD in 2004 but was forced under strong pressure of then-President Saakashvili and his government to concede the property to a new owner in December of 2006.
Before becoming Director General of Rustavi 2, Gvaramia held multiple positions in the Cabinet of Ministers during Saakashvili’s presidency.
Lawyers of Rustavi 2 do not agree with yesterday's verdict of the Supreme Court and plan to appeal to the European Court of Human Rights to suspend its decision.
The Rustavi 2 ownership case lasted from 2004 to 2012. To learn more about the details, take a look at Transparency International Georgia's information.
Georgia’s Supreme Court has delivered a verdict in the ownership case of one of Georgia’s largest TV channels, Rustavi 2.
Rustavi 2, a Tbilisi-based, private broadcasting company, announced the suspension of programming late last night. A case concerning the ownership of the TV channel is currently being reviewed by the Supreme Court.
Tbilisi City Court Judge Tamaz Urtmelidze delivered a verdict yesterday that temporarily deprived the Rustavi 2 current director Nika Gvaramia and financial director Kakha Damenia of their obligations.
"As Prime Minister and as a citizen, I fully support any kind restoration of justice but in my opinion this is a controversy of two subjects which should go before judges at the court,” Georgia's Prime Minister Irakli Garibashvili told local media.
The Government of Georgia believes the independence of Rustavi 2 – one of the country’s largest private broadcasting companies – will be guaranteed under the global new leadership of Kibar Khalvashi.
Georgian President Giorgi Margvelashvili has called on the public to refrain from incendiary actions with respect to the Rustavi 2 case verdict and to await for the decision of the Constitutional Court and the European Court of Human Rights.
The European Court of Human Rights (ECHR) has temporarily suspended the enforcement of the March 2 verdict of the Georgian Supreme Court regarding the ownership of broadcasting company Rustavi 2.
Georgian Prime Minister Giorgi Kvirikashvili announces plans to establish a Media Ombudsman in the country, and invites "the most reputable” international media experts to join in the initiative.
Former Deputy Economy Minister under the United National Movement government Kakha Damenia has been found guilty for illegal privatization of a cultural heritage monument and 995 square meters of land belonging to Dadiani Garden and Palace located in Georgia’s western Zugdidi municipality.