Georgian Dream gets a million GEL as a credit from Bidzina Ivanishvili"s Cartu Bank
Georgian Dream has received one million dollar from Bidzina Ivanishvili"s bank " Cartu" on September 14, The repayment period is 4 months, while the annual interest rate is 11%.
Georgian Dream plans to return money only after they get more than 10 % of voices in elections and gets one million from the state budget. The credit was allocated in accordance with Article 561 of the Election Code, according to which, the state reimburses the costs under 1 million GEL spent by parties which cross the minimal election threshold.
A part of opposition parties also had attempt to borrow money from commercial banks, but they were rejected for different respond. They state that the fact that Bidzina Ivanishvili finances his party from the bank, founded by him
puts election subjects in unequal conditions.
The Audit Office has revealed other documents as well. Reportedly the ruling party has received 6 million 400 thousand Geo as revenue from August 31 till September 20
