The Parliament's Legal Affairs Committee has supported, in the first reading under an expedited procedure, a new package of legislative amendments prepared regarding persons convicted of financial-economic crimes.

As stated by Tornike Cheishvili, First Deputy Chairman of the Committee, according to the amendments, a convicted person will be prohibited from leaving Georgia not based on a court conviction, but imperatively if three preconditions are met.

"According to the first condition, the convicted person must be recognized as guilty of such economic and financial crimes as: fraud, extortion, misappropriation, embezzlement, damage or destruction of property, concealment of property, abuse of authority, negligence, and so on.

According to the second condition, the convicted person must be a citizen of Georgia or a stateless person. Another essential precondition is that the victim must not declare in writing their refusal to impose a ban on the convicted person's departure from Georgia to ensure payment of compensation," Cheishvili stated.

To ensure enforcement of the ban on leaving the country, the National Bureau of Enforcement will notify the Ministry of Internal Affairs upon initiating enforcement proceedings. The corresponding notification will also be sent to the National Agency for the Execution of Non-Custodial Sentences and Probation for Crime Prevention, which, in turn, will ensure implementation of the ban on leaving Georgia using the appropriate electronic monitoring mechanism.

The basis for lifting the ban on a person convicted of financial crimes from leaving Georgia will be a notarized document confirming that the convicted person has fully compensated the damage inflicted on the victim in accordance with the procedure established by Georgian legislation, or when the victim themselves declares a refusal to receive compensation.