Nodar Javakhishvili answered journalists` questions
Candidate of the president of the National Bank of Georgia has answered the questions of journalists at the briefing today. Nodar Javakhishvili spoke about the situation in banking sector, however, the main question referred to the procedures of appointment as the president of the NBG is elected for seven year term according to Georgian legislation and the term of the current president, Giorgi Kadagidze has not expired yet. Javakhishvili said there are procedures determined in Georgian legislation, according to which the president of the NBG can be dismissed. He said the parliament should approve the impeachment of the NBG president with one third of votes and afterwards, the Supreme Court should rule on the issue.
Kadagidze says in such a situation, when the government has changed democratically in the country and when there are lots of evidences proving the criminal activities of the NBG, its president should resign, however, the aforementioned procedures will allow the new government to make it according to Georgian legislation.