Tbilisi. Transparency International - Georgia has commented on legislative initiative registered in the parliamentary Legal Affairs Committee on May 19. ''Proposed amendments abolish the possibility of evicting illegal/unlawful possessors of immovable things without addressing the court''. The organization believes that ''... regulations proposed in the draft Law contradict the ownership right recognized by the Constitution of Georgia. Adoption of the draft Law will have adverse consequences for Georgia-based commercial banks, microfinance organizations, credit unions, leasing and developing companies, and citizens operating in the real estate business. We find this will by itself impact the development of these sectors of economy, and deteriorate Georgia's positions in relevant international ratings'', the organization's web page states.

Source: transparency.ge