Georgian Prime Minister Irakli Kobakhidze on Tuesday said he “highly appreciated” the Cartu Charity Foundation’s initiative to set a ₾30 million ($11 mln) reward for the country’s national football team for qualifying for the playoffs of the 2024 European Football Championship.
Former PM, founder of ruling party Ivanishvili donates material assets worth $1.5 bln to Cartu Charity Foundation
Bidzina Ivanishvili stated yesterday that he left the Georgian politics. Photo: Georgian Dream press office. Agenda.ge, 12 Jan 2021 - 12:18, Tbilisi,Georgia
Former Prime Minister of Georgia and the founder of the ruling Georgian Dream party Bidzina Ivanishvili has told Entrepreneur online magazine that he will donate 90 per cent of his material assets worth 1.5 billion USD, except those with credit or other obligations, to the Cartu Charity Foundation.
He stated that the purpose of the assets ‘cannot be changed’ in the process of management or alienation, because most of them ‘are not ordinary business projects’ but projects which are targeted for the development of individual branches, or even entire regions, and are designed to ensure improvements in economic, tourism and other fields.
12 Jan in 15:00
Former Prime Minister of Georgia and the founder of the ruling Georgian Dream party Bidzina Ivanishvili said he will donate 90% of his material assets worth $1.5 bln, except those with credit or other obligations, to the Cartu Charity Foundation.
He told Entrepreneur news agency that the purpose of the assets ‘cannot be changed’ in the process of management or alienation, because most of them ‘are not ordinary business projects’ but projects which are targeted for the development of individual branches, or even entire regions, and are designed to ensure improvements in economic, tourism and other fields.
The assets will also include Ivanishvili’s collection of paintings, Agenda.ge reported.