Vice Speaker Tsilosani accuses opposition of celebrating risks from EU’s Inter RAO sanctions, vows state will protect power grid

“The blacklisting of Inter RAO is an issue that the state is addressing with the utmost attention,” declared Vice-Speaker of the Parliament of Georgia, Nino Tsilosani.

Tsilosani was commenting on the European Union’s decision to sanction Russian energy firm Inter RAO as part of its 21st sanctions package against Russia.

“This is yet another example of the United National Movement’s criminal governance. When they handed over strategic infrastructure assets to the occupier, they knew full well the scale of the ticking time bombs and dangers they were creating. These time bombs go off periodically. In this instance, the sanctioning of Inter RAO is an issue the state is handling with scrutiny. I am confident that, as in previous cases, we will shield the public from these risks.

The United National Movement and their media outlets have absolutely no moral authority to speak on this subject or to pretend they are worried about the risks facing our citizens due to the Inter RAO sanctions. This entire situation reveals that they are secretly thrilled by the prospect of another act of sabotage against the public.

Back when they handed strategic assets over to the occupier, they fully defended it, and now they are delighted at the thought of power supply issues arising from these sanctions. I assure you that the state will safeguard the interests of both the country and its citizens,” Tsilosani noted.

The European Union imposed sanctions on the company Inter RAO UES as part of its 21st sanctions package against Russia. Inter RAO UES is the indirect owner of a 100% stake in Silk Road Holdings B.V., a company registered in the Netherlands. Silk Road Holdings, in turn, directly owns 75.108% of Telasi and 75.471% of Telmiko’s shares. In addition, Inter RAO UES holds a 100% indirect stake in Gardabani Holdings B.V., also registered in the Netherlands. Gardabani Holdings, in turn, directly owns Khrami HPP I and Khrami HPP II in full. Telasi and Khrami HPP 1/2 were acquired by Inter RAO UES under previous governments in 2003 and 2011, respectively.