But Mr Saakashvili called the amnesty a "mass release of criminals", and warned of grave consequences.
Although a colossal blunder with grave consequences for many, such a failure is simply not enough to support a claim for securities fraud.
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Earlier, First Minister Peter Robinson said the arrest of the man convicted of the IRA Shankill bomb could have "grave consequences" for the political process.
In it she correctly anticipated that unregulated markets and huge financial institutions would, in the near future, have grave consequences for the rest of the world.
So while the massive bailout and stimulus package may have averted a crisis in the short term, there would be grave consequences for the irresponsible spending.
The credit which the apparent conformity with recognized scientific standards can gain for seemingly simple but false theories may, as the present instance shows, have grave consequences.
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Kennedy, however, said Bush's policies in Iraq have grave consequences.
Assad warned that arming the rebels would have grave consequences.
These changes come amid debate about impending budget cuts that some say would have grave consequences for the military unless Congress acts to avert them by the start of next month.
And such theft could have grave consequences: in 1844, when letters of Henry Clay exposing his ambivalence on the annexation of Texas were released, it cost him the Presidency he was favored to win.
Mr. ALI AL-ADIB (Member of Parliament): (Through Translator) The consequences are grave.
These consequences are grave and they impact the entire nation.
"For Greece the consequences would be much more grave than for the rest of the eurozone, " said Jens Weidmann, head of Germany's central bank.
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The consequences of this divide are grave.
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Mr. EYSKENS: And if the financial crisis were to be transformed into an economic crisis and contaminate what we call the real economy, then of course the consequences for Europe would also be extremely grave.
The social and economic consequences if they end up in liquidation would be grave, he says.
The consequences for the economy would be very serious, very grave, and that would affect growth.
The consequences of global warming cannot yet be known but might plausibly be grave.
If the negotiations in Moscow unravel, the potential consequences for the Middle East and the rest of the world could be grave.
"It would be grave mistake, I think, to talk only in terms of attacks on terrorists and not to think about consequences for ordinary people, " Lubbers said.
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