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List of New Millionaire MPs of the 10th Convocation

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Natia Taktakishvili
14.12.20 17:15
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The parliament of the 10th convocation has already held its first session. The increase of millionaires in the new parliament is particularly noticeable in the direction of majoritarian MPs.

The list of new millionaire MPs:

Majoritarian of Akhaltsikhe, Borjomi, Adigeni and Aspindza municipalities - Anton Obolashvili

Anton Obolashvili is a businessman; he owns Globalpharm, a company engaged in the wholesale of pharmaceutical goods. According to the 2018 financial statements, the company had revenue of $ 60.7 million and a net profit of $ 13.6 million. The assets of the company are 78 million GEL.

According to the submitted property declaration, Anton Obolashvili and his family members have 2.9 million GEL, $ 2 million (by the current exchange rate - 6.4 million GEL) and 35 thousand Euros on the bank accounts.

In addition, Obolashvili keeps 30,000 GEL, 5,000 euros and $ 12,000 in cash.

Majoritarian of Khashuri and Kareli municipalities - Zaza Dugladze

Zaza Dugladze is the co-founder of "Dugladze Wine" Ltd. The company is one of the largest producers of wine and alcohol. In particular, the company's revenue according to the 2018 report was 25.7 GEL million, net profit was 3.2 million GEL, and assets were 55.6 million USD. Zaza Dugladze owns a 23% stake in the company.

The Dugladzes' business partner is Alexander Ivanishvili, the brother of Bidzina Ivanishvili, the chairman of the Georgian Dream. He owns a 23% stake in the company. The Dugladze Wine Company also owns the Vartsikhe Cognac Factory. Zaza Dugladze's brother Giorgi Dugladze is the head of the National Agency for State Property.

According to the submitted property declaration, Dugladze keeps $ 380 thousand USD (1.2 million GEL at the current exchange rate) in cash.

Majoritarian of Ozurgeti, Lanchkhuti and Chokhatauri Municipalities - Vasil Chigogidze

Vasil Chigogidze was a member of the parliament of the sixth convocation in 2004-2008 and was a member of the independent majoritarian faction. Currently, Vasil Chigogidze owns shares in several companies, including a 25% stake in Caucasus International University. In addition, Chigogidze is the director of "Chigo" Ltd., the director of "Viteshop" Ltd., he is also the director of "Gubazeuli 2018".

According to the submitted property declaration, Chigogidze keeps 300 thousand USD in cash (at the current exchange rate of 960 thousand GEL). He has 100 thousand EUR on the bank account. In addition, Chigogidze owns securities (shares) worth of 58.4 thousand USD.

Majoritarian of Tkibuli, Terjola, Zestaponi and Baghdati municipalities - Bezhan Tsakadze

Bezhan Tsakadze is the founder of the construction company "Georgian Development Group +" and owns a 50% stake. According to the financial statements, the company earned 5.7 million GEL in 2018, while the company had a net profit of 914 thousand GEL in the same year.

In addition, Bezhan Tsakadze is a 50% shareholder of Davit Tatishvili Sports Medicine and Rehabilitation Center Ltd; La Grande Dimora Ltd - 50% stake; Solid Ltd - 40% share; 100% shareholder of Magnolia Ltd. At the same time, it should be noted that Bezhan Tsakadze has donated 60 thousand GEL in favor of Salome Zurabishvili in the 2018 presidential elections.
According to the submitted property declaration, 46.6 thousand GEL is placed on Tsakadze's bank account.

Viktor Sanikidze – ruling party Georgian Dream

Former basketball player Vikor Sanikidze was number 13 in the list of the Georgian Dream in the 2020 parliamentary elections. According to the property declaration, Sanikidze has 200 thousand USD (656 thousand GEL) and 128 thousand EUR (509 thousand GEL) on the bank account. However, the MP also keeps 35 thousand USD (114 thousand GEL) in cash.