The Parliament revisited the legislative package proposed by “Georgian Dream,” which addresses compensation for damages related to a range of financial and economic crimes and the introduction of new legal mechanisms in this area.
The legislative package was presented at the Legal Affairs Committee meeting by the committee’s chairman, Archil Gorduladze. According to Gorduladze, within the framework of the third reading, the amendments will focus on clarifying technical and procedural issues.
Gorduladze did not discuss how the draft law would be revised during the third reading at the Legal Affairs Committee meeting. However, he told the media that the details would be presented at the Parliament’s plenary session.
“The purpose of the draft law is, on the one hand, to prevent new crimes from being committed and, most importantly, to ensure that victims receive compensation.
Although Georgia’s legislation already provides for this, it is associated with complex procedures. With these amendments, at the stage of criminal case proceedings, the court’s verdict will directly specify the list of individuals and properties subject to confiscation. It will also explicitly indicate the identities of the victims in whose favor the property confiscation should occur.
Within the framework of the third reading, there will be technical and clarifying amendments, and at the same time, as was mentioned during the second reading at the plenary session, amendments aimed at tightening measures will also be introduced to ensure that as many victims as possible are covered. We will present these details thoroughly at the plenary session,” Gorduladze stated after the committee meeting concluded.
For reference, according to the Parliament’s regulations, only editorial changes can be made to a draft law during the third reading. Per the regulations, members of Parliament may provide editorial remarks regarding the draft law during the third reading.
The Parliament has returned to a legislative package that provides for compensation for damages related to a range of financial and economic crimes and the introduction of new legal mechanisms in this regard
