Society

Due to Illegal Financial Schemes, `Mtavari Arkhi` is on the Verge of Artificial Bankruptcy - Zaza Okuashvili Issues a Statement

The co-founder of "Mtavari Arkhi," Zaza Okuashvili, has released a statement:

"I am responding to the statement published on behalf of 'Mtavari Arkhi.' The latest wave of black PR from 'Mtavari Arkhi' suspiciously coincided with the very day when the next court hearings in my case against Ivanishvili and his team began in London. My legal battle against Ivanishvili's regime continues.

Gvaramia and Gabunia are not free in their statements, as they are hostages of Ivanishvili due to the illegal financial schemes they were involved in, which led 'Mtavari Arkhi' to artificial bankruptcy.

The accounts of 'Mtavari Arkhi' have been under seizure for three years now, preventing the channel from making official transactions. The director I appointed, Giorgi Kurdadze, refused to participate in the ongoing criminal activities within 'Mtavari Arkhi.' His demand is for the channel to operate within the legal framework.

The advertising company 'New Sales,' which was involved in a money laundering scheme, ceased cooperation with 'Mtavari Arkhi' after Giorgi Kurdadze exposed the fraudulent operations, leading to the suspension of advertising on the channel.

My request was simple: Gabunia, who not only engaged in illegal activities at 'Mtavari Arkhi' but also slandered and spread lies about me, should no longer be the channel's general director. Instead of Gabunia, Nika Gvaramia proposed his wife, Sopho Liluashvili, as a candidate, to which I did not agree.

Once again, I call upon the true owner of the 37% stake in 'Mtavari Arkhi' to join me in rectifying the illegalities and saving the channel. Otherwise, their silence creates the impression of a deal with 'Georgian Dream.'

To save 'Mtavari Arkhi,' a director must be appointed who is acceptable to both journalists and the public, someone who will legally manage the channel. The demagogic black PR campaign led by Gvaramia and Gabunia against me serves the interests of 'Georgian Dream.'

For a long time now, the secret agreement between Gvaramia and Ivanishvili’s government has been exposed, and the public will have no trouble discerning the truth this time either," the statement from Zaza Okuashvili reads.

For reference, "Mtavari Arkhi" released a statement claiming that "due to Zaza Okuashvili’s actions, advertising has not aired for a month now, and the channel has lost all sponsors because the contract with the sales house expired. However, Okuashvili’s appointed director, Gogi Kurdadze, is not allowing the renewal of the contract under his instructions."