According to the amendment reflected in the draft law on de-oligarchization, instead of the Government, the Anti-Corruption Bureau will decide the issue of recognizing a person as an oligarch

The Anti-Corruption Bureau will decide the issue of recognizing a person as an oligarch instead of the Government. This is one of the changes reflected in the draft law prepared by the Legal Affairs Committee on de-oligarchization.

According to the revised draft law, the Anti-Corruption Bureau will start the procedure of recognizing a person as an oligarch on its own initiative, or on the basis of an appeal from a member of the Government, a permanent member of the National Security Council, the National Bank, the State Security Service or the National Communications Commission.

"The Venice Commission recommended that the process of recognizing a person as an oligarch should not be politicized and that this procedure should be devoid of politics as much as possible. We have taken into account and suggest that the authority to recognize a person as an oligarch be transferred from the Georgian Government to the Anti-Corruption Bureau, which was created within the framework of the 12-point plan. Accordingly, this issue will be fully depoliticized," said the chairman of the Legal Affairs Committee, Anri Okhanashvili, at the committee's meeting.

The Legal Affairs Committee of the Parliament will review the revised version of the draft law on de-oligarchization. The discussion is underway in the second reading.