October 10: Who funds the Georgian Dream? — Vault LLC
On September 5, 2024, Alexander Chkhaidze donated 20,000 GEL to the ruling party.
Vault LLC, where Aleksandre Chkhaidze owns 41.5%, received 63,000 GEL from direct state procurements in 2021-2022.
Over the same period, nine companies under Chkhaidze’s directorship were granted 2.8 million GEL in subsidies through state agricultural programs from 2019 to 2022, including:
Gurjaani Agro LLC - 2 million GEL
Zetiskhili LLC - 278 thousand GEL
Olive Gardens LLC - 171 thousand GEL
Olive 1 LLC - 165 thousand GEL
KTW Oil LLC - 38 thousand GEL
Zetiskhili 1 LLC - 41 thousand GEL
Manzanilla LLC - 23 thousand GEL
Gemnik LLC - 28 thousand GEL
Gardenia 1 LLC - 17 thousand GEL
Over the years, the relationship between the major donors to the “Georgian Dream” and public procurements and current state programs for economic subsidies has become apparent. In many cases, the recipients of huge sums given by the government to businesses are the donors to the “Georgian Dream”. These factors raise a legitimate suspicion of systemic corruption, which severely undermines the fair electoral environment.