"There is absolutely nothing to hide and everything is absolutely transparent," - said the organizer of the Gem Fest, Giorgi Sigua regarding the launch of an investigation on possible financial violations.

Investigation Service of the Ministry of Finance has launched an investigation into the potential financial violations within the Gem Fest.

According to Giorgi Sigua, the investigative agency removed the necessary documents for investigation from the company.

"Our company has not received a cent from the government, that is the state has paid honorarium to the particular artists," said Giorgi Sigua.

According to Sigua, he was abroad to meet with his partners. After the financial police entered the company, he decided to arrive in Georgia.

"The fact that we have debts does not mean anything, these are our debts and it"s our problem and they do not have to worry about it more than I do, "- said Giorgi Sigua.

Giorgi Sigua will be at the Investigation Service of the Ministry of Finance tomorrow.