"Once Ivanishvili said at the big meeting, that he was happy as he did not participate in this project", Mamuka Khazaradze, the founder of Lelo decalred to TV-company Mtavari.
According to him, Co-Investment Fund was offered to participate in the project, but they refused.
"When I started, I offered to his fund (implying Ivanishvili). We offered Co-Investment Fund to participate in the project, but they returned a week later and declared that it was not interesting for him.
Then if you have seen his interviews, he says there is no economic basis for this project and it might give profit after 40 years. Banks were listening to him, "Mamuka Khazaradze said.
To remind, the Government of Georgia has decided to terminate the Investment Agreement between the Government of Georgia and the Anaklia Development Consortium signed on October 3, 2016.
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