Recent developments in Georgia are the consequence of more than a decade of deterioration - and Europe's negligence to call them out earlier. State capture is a funny thing. It is a process of systemic political corruption that is usually only discovered once it is nearly too late. If it would be a contest, Bidzina Ivanishvili, a business tycoon who has brought Georgia much closer to Russia's orbit of influence, would be one of its winners. This weekend, his Georgian Dream party claimed victory in parliamentary elections, gaining a majority of nearly 54% of the votes (Ivanishvili had predicted it would be 60, some recounting is still going on). The results and the fairness of the elections are widely contested. But what is forgotten is that Ivanishvili has prepared his victory thoroughly. An owner of a luxurious castle on a hill above the country's capital, Tbilisi, he is estimated to have a fortune of about €7.1 billion, a quarter of Georgia's GDP, that he capitalised on from Russian privatisation in the 1990s. When he took power in Georgia in 2012, many observers argued that he would continue the pro-European policies of his predecessor, Mikheil Saakashvili, whom he sent to prison for "abuse of power".
His official term was short, lasting only 11 months as he withdrew from politics just within a year. Ivanishvili returned as chairman of his Georgian Dream party in 2018, left again in 2021, and then returned at the end of 2023 as the honorary head of his party. |