 The station manager Giorgi Arveladze was the country's former economics minister and a longtime friend of President Mikhail Saakashvili.Georgia Media Production Group, which owns Imedi was at the time 45 owned by Giorgi Arveladze.Giorgi Korakhashvili and Giorgi Mikeladze held 30 and 15 percent of shares respectively and the remaining 10% was held by Joseph Kay.