Friday, February 20, 2004

BIZERNISS NEWS

BBC News reports:

"Police in Georgia have arrested the son-in-law of former President Eduard Shevardnadze on tax evasion charges ... a senior employee at Mr Dzhokhtaberidze's company, Magti, said he was on a business trip."

Mikhail Saakashvili, you may recall, was elected new President of Georgia earlier this year, replacing the discredited Shevardnadze regime, which was blamed for the endemic corruption in Georgia.

People will tell you (if you want to listen), that following the break-up of the Soviet Union, Georgia would be the most prosperous republic. Instead, the capital Tbilisi sees regular power outages and gas shortages as the country has tumbled out of control. There is no money in the Exchequer. But, "Misha" is making slow progress towards establishing the rule of law and good governance.

:: Posted by pete @ 17:25