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A Gold Medal for Generosity?(Badri Patarkatsishvili)(Brief Article)
Byline: Frank Brown
Things are looking up for the tiny Olympic squad from Georgia, thanks to a $2.25 million gift from Badri Patarkatsishvili, the country's richest man. The sum will cover 80 percent of the team's costs. Athletes and coaches are ecstatic. But others sense more than philanthropy at play.
That's because Patarkatsishvili is charged with committing fraud and embezzlement at Russia's largest car manufacturer, Avtovaz. At the same time Georgia's new president, Mikhail Saakashvili, is cracking down on corruption. Some believe that Patarkatsishvili, a media and bottled-water tycoon, is making a bid for public opinion in the hopes of evading prosecution. He's "been scared into giving this money," says Labor Party leader Shalva Natelashvili. A Patarkatsishvili spokeswoman says such comments don't deserve a response; Patarkatsishvili says he ...
- RUSSIA: PROFILE - BADRI PATARKATSISHVILI: FINANCIAL FILIBUSTER OF RUSSIA'S...
- Newspaper article from: IPR Strategic Business Information Database March 6, 2002 700+ words
Badri Patarkatsishvili, the closest ally of self-exiled...Vladimir Ustinov announced that Patarkatsishvili was wanted on charges of conspiring...had been re-opened. Earlier, Patarkatsishvili was accused of fraud. Now, both...
- Statement from Badri Patarkatsishvili.
- Press release article from: Business Wire January 23, 2008 700+ words
LONDON -- Commenting on rumours in the Georgian media, Badri Patarkatsishvili said: "There has been no change in the shareholdings of Imedi since 1 November 2007. Discussions are taking place with News...
- GEORGIA: LATE MOGUL PATARKATSISHVILI'S WIDOW CONTINUES 'FIGHT FOR JUSTICE'.
- Newspaper article from: IPR Strategic Business Information Database November 19, 2009 700+ words
...a press conference today, widow of late mogul Badri Patarkatsishvili and family lawyer Lasha Barkaia claimed to have...Georgian Supreme Court yesterday. "The debate over Patarkatsishvili's property is still continuing together with...
- For Sale: Georgia's Media Freedom.
- Newspaper article from: Biotech Week March 11, 2009 700+ words
...and the late businessman, Badri Patarkatsishvili, until his death in February...Georgia Holding is not clear. Patarkatsishvili's family asks the questions...contested will of the late Badri Patarkatsishvili, despite compelling evidence...
- Yesterday in Brief for February 22, 2006.
- Newspaper article from: Russia & CIS Business and Financial Newswire February 22, 2006 700+ words
...Businessman Boris Berezovsky has transferred all of his assets to his business partner Badri Patarkatsishvili. "I signed an agreement with Badri Patarkatsishvili on the immediate transfer of all of my assets in our joint business to Patarkatsishvili...
- New Council to Promote Former Soviet Republic of Georgia Pushes for...
- Press release article from: Business Wire April 22, 2003 700+ words
...and human rights," said Badri Patarkatsishvili, a prominent business figure...freedom and stability." Patarkatsishvili heads Imedi, the largest...station. He also runs the Badri Patarkatsishvili Fund, one of the largest...
- Georgian Family Steps up Campaign for Return of Seized Independent TV Station.
- Press release article from: PR Newswire October 16, 2008 700+ words
...the late Georgian businessman and philanthropist Badri Patarkatsishvili, who developed and financed what was once Georgia...unlawful attempts to appropriate the assets of Badri Patarkatsishvili's rightful heirs. Now, led by his widow...
- Key Court Decision in Fight for Media Freedom for Georgia Family vows to...
- Press release article from: PR Newswire February 20, 2009 700+ words
...contested will of the late businessman Badri Patarkatsishvili to a distant relative, whom Patarkatsishvili's wife and immediate family insist...of the press in that country. Mr. Patarkatsishvili was the founder and majority owner...
Source: HighBeam Research, A Gold Medal for Generosity?(Badri Patarkatsishvili)(Brief Article)