 In 2010, 90% of Imedi was owned by the Georgian Media Holding, a subsidiary of Rakeen Investment, and managed by President Saakashvili's former minister of economy.Balance and neutrality are missing from news coverage, with stations divided between pro-government and pro-opposition camps.The state of ownership transparency was improved by the 2011 amendments to the Law on Broadcasting, requiring the full disclosure of ownership structures, and banning ownership by offshore companies.