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Patarkatsishvili Decides to Stay in Business in Georgia
Georgian businessman Badri Patarkatsishvili is denying media reports that he has decided to leave his native country, saying that he has only decided to give up “active political life.” Nor does he plan to sell his property in Georgia, he said, speaking in London.
Patarkatsishvili's alleged plans were reported in the media with references to an interview the businessman himself gave to the Georgian television channel Imedi. He said at that time that he has certain disagreements with the Georgian leadership but he does “not want to fight with anyone.”
The Georgian Times calls Patarkatsishvili the richest Georgian in the world. He founded the Imedi media holding in Georgia at the beginning of this decade and also owns the Tbilisi Dynamo soccer and basketball teams. He has since sold part of the stock in Imedi to Rupert Murdoch's News Corp.
Imedi played a recording of an alleged high-placed state official and a criminal figure in which the official ordered that compromising material be gathered on Patarkatsishvili, who “bothers everybody and has to be gotten rid of.” The television channel reported on March 7 that an order had been issued in Georgia for Patarkatsishvili's arrest. Government agencies deny those reports, however.
www.kommersant.com
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