POLITICS
11.04.24 17:30
The Investigation Service of Georgia’s Finance Ministry on Thursday said it had charged 26 individuals with appropriation of state financial support for agricultural activities by producing and using forged documents.
The Service said the alleged offenders had received ₾1.7 million ($667,785) as a targeted agricultural credit between 2018 and 2022 from various banks within the state Preferential Agrocredit project.
The programme was targeted to support planting of perennial crops, purchasing inventory for wineries, purchasing small livestock and building farms and warehouses.
Instead, the charged individuals used the funds for “personal interests” and prepared false purchase acts and conclusion on purposeful use of the credit.
The body noted the damage caused to the state totalled ₾227,748 ($84,991), adding the investigative actions by the Service had avoided an additional ₾238,709 ($89,081) loss.
It added ₾179,442 ($66,964) from the former figure had been compensated and “appropriate measures” were ongoing to ensure recovery of the remaining amount.
The crime is punishable by imprisonment from five to eight years.
agenda
Read: 478
Write comment
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)
News feed
-
Speaker meets French Senate delegation
18:0029.04.24
-
17:3129.04.24
-
Ruling party official rejects claims on transparency of NGO funding
16:3829.04.24
-
15:5229.04.24
-
Citizens of Georgia will be able to travel to China without a visa from May 28
15:0029.04.24
-
Georgia in IMF top 10 with highest unemployment decrease over 12 years
14:1829.04.24
-
13:3729.04.24
-
Shalva Papuashvili: It's time to stand together
12:5929.04.24
-
12:3729.04.24
-
Police arrest six, seize illegal firearms, ammunition in capital, western regions of Georgia
11:0529.04.24
-
Georgia’s Public Safety Command Centre hosts UN permanent representatives
10:3029.04.24
-
The struggle for the North-South corridors and for access to the Indian Ocean
9:5529.04.24
-
Irakli Kobakhidze: These resolutions were worthless then and they have no value now
18:0326.04.24
-
Special Investigation Service exposes employee of Ministry of Internal Affairs to coercion
17:1126.04.24
-
16:3026.04.24
-
Irakli Kobakhidze: Non-transparent NGOs have tried to organize a revolution twice in this country
15:4526.04.24
-
15:0026.04.24
-
GeoStat: The number of emigrants increased by 95.6% in 2023
14:0726.04.24
-
Shalva Papuashvili: Visa liberalization will not be canceled
13:3626.04.24
-
Turkey is extending a hand of reconciliation to Armenia. Yerevan must seize opportunities
12:4326.04.24
-
11:5226.04.24
-
10:0026.04.24
-
From 'alliance' to open hostility: Armenia and Russia
19:0325.04.24
-
17:5425.04.24
-
17:0025.04.24
-
Lithuanian Ambassador: Foreign influence bill contradicts EU recommendations
16:1025.04.24
-
Shalva Papuashvili: We hear statements and concerns from the US State Department, Brussels
15:3025.04.24
-
14:5725.04.24
-
14:0625.04.24
-
13:1425.04.24
-
Defense Committee Chair hosts Head of NATO Liaison Office in Georgia
12:3025.04.24
-
11:5725.04.24
-
11:1125.04.24
-
Rally against draft law "On Transparency of Foreign Influence" underway near Parliament
10:0025.04.24
-
MIA to identify individuals calling for blocking roads artificially during Rustaveli Avenue rallies
18:0024.04.24
-
Lazare Grigoriadis leaves prison
17:3024.04.24