Everything required by the Venice Commission will be specified, and after that the official structures will decide who should be identified as an oligarch - we have one self-confessed oligarch, Irakli Kobakhidze, chairman of the Georgian Dream party, told reporters.

According to him, 5 amendments will be included in the deoligarchization bill.

"The Venice Commission states that it is possible to adopt this law, they just have 5 specific notes, recommendations. We will follow their conclusion, 5 relevant amendments will be included in the law and this bill will be adopted in its final form.

The law is general and cannot be adjusted to any name or surname, therefore the law should be general-abstract and not adjusted to a specific name or surname. To whom the law will ultimately fit, the relevant structures will decide in accordance with the law. I cannot tell in advance who the law will fit, objective criteria will be written, everything that the Venice Commission requires will be specified, and after that the official structures will make a decision on who should be identified as an oligarch.

De-oligarchization means freeing the country from oligarchs. We have to discuss who is the oligarch in Georgia, the self-confessed oligarch in Georgia is Kezerashvili. He directly published a letter stating that he finances parties, media and the so-called civil organizations. He is a self-confessed oligarch, he proves it himself, that is, we have one self-confessed oligarch. The law itself will show the rest to whom this law will be applied. Europe has not recognized anyone, when it comes to resolutions, we have already said that they have no value, because they are unjust resolutions," said Kobakhidze.