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Georgian investigation service examines intermediary companies’ actions on fuel market

An investigation service of the Georgian Finance Ministry started examining the actions of the intermediary companies on the fuel market.

The investigation is conducted in respect of several companies, the ministry said.

“The activity of the companies is fully examined,” the investigation service said. “They represent an intermediary link between suppliers of oil products and retail market. These oil companies supplied the imported goods to the retail market.”

The investigation over a dozen companies is conducted under Article 218 of the Criminal Code of Georgia (tax evasion).

Earlier, Georgian Prime Minister Irakli Garibashvili expressed dissatisfaction with the fact that the actions of intermediary companies contribute to the maintenance of high fuel prices in the country.