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Thursday, May 24, 2012
News Making Money

'Kartu Group'works on eviction 'Light Group"

31/10/2011 09:18 (206 Day 09:52 minutes ago)

The FINANCIAL -- Company New Capital, part of Kartu Group, is working on evicting Light Group Ltd from King Rostom’s Palace . As lawyer Archil Kbilashvili told InterPressNews, the deadline of presenting the documents regarding ownership of the palace expired today at 15:00,according to InterpressNews.

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He says that Light Group presented only one document of lease agreement signed with Property Management, according to which 150 square meters of land area was given to Light Group. New Capital doesn’t recognize the agreement, as the only owner of the property is New Capital.
New Capital will address Old Tbilisi Police and also get interested whether the action of Light Group has signs of crime.
Archil Kbilashvili will apply to the local police today or tomorrow regarding eviction from the King Rostom’s Palace.
New Capital and Light Group disputed over the part of King Rostom’s Palace. Light Group claimed several days ago on 150 square meters of the object and started rehabilitation works there.

 

 

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Politics
International monitors to pull out of Bosnia's Brcko

24/05/2012 03:32 (15:38 minutes ago)

The FINANCIAL -- International monitors decided Wednesday to pull out of the sensitive Bosnian town of Brcko, whose neutral status has been a source of tensions in the ethnically-divided Balkan state.

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