Draft law on de-oligarchization to be introduced at tomorrow's bureau session
Draft law on de-oligarchization to be introduced at tomorrow's bureau session

A draft law on de-oligarchization, prepared by the Legal Issues Committee of Parliament will be initiated at tomorrow’s bureau session.

The revisions, according to the ruling Georgian Dream party, are based on the Ukrainian model.

As per the draft law, a person will be regarded as an oligarch if at least three of the following four criteria are met: has influence over the media; has influence in political and public life; is engaged in monopolistic activity, and has a certain amount of assets.