Georgia’s EU U-turn
Former Georgian Prime Minister Kvirikashvili calls for release of detained protesters
Kvirikashvili argued that the release of detainees would result ‘only in positive things’ for the government.
Giorgi Kvirikashvili
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Church cyanide plot
Georgian Orthodox archbishop accuses government of plotting to overthrow the Patriarch
A high-ranking member of the Georgian Orthodox Church has accused government officials including Prime Minister Giorgi Gakharia of attempting to orchestrate the removal of the head of the Church, Patriarch Ilia II. In an interview with TV Pirveli on 26 October, Archbishop Iakob Iakobishvili claimed the officials had sought his help in removing Ilia II and replacing him with Metropolitan Shio Mujiri. In November 2017, Ilia II named Mujiri as the incumbent of the patriarchal throne, who wil
2019 Georgia Club Raids
Opposition and activists rally against Gakharia as Georgia’s next PM
Controversial Georgian Interior Minister Giorgi Gakharia is slated to become the country’s next prime minister, the fifth under the rule of Georgian billionaire Bidzina Ivanishvili’s Georgian Dream party. The ‘Shame!’ campaign by the For Freedom group, which has been demanding Gakharia’s resignation since June, called on people to protest his nomination for prime minister, which was unveiled earlier on Tuesday by Georgian Dream Chair Bidzina Ivanishvili. ‘It’s a slap into the face of so
Bidzina Ivanishvili
Georgian Prime Minister resigns
Georgian Prime Minister Mamuka Bakhtadze has announced his resignation in a post on Facebook. According to Georgian Dream officials, his successor will be announced on Tuesday. Bakhtadze announced he was stepping down in a lengthy post on Monday. He is the fourth Prime Minister to resign since Georgian Dream came to power in 2012. He served in the post for 14 months, prior to that he had served as the country’s Finance Minister. ‘The strategic framework for the country’s development h
Anaklia Port
TBC Bank founder Khazaradze charged with money laundering
The Georgian Prosecutor’s Office has charged two of the founders of TBC Bank Group, the former chair of the board Mamuka Khazaradze, and former deputy chair, Badri Japaridze, with laundering almost $17,000,000. A spokesperson for the Prosecutor’s Office said that they had appealed to the court to place the two in pre-trial detention. The court’s decision is pending. If found guilty of laundering a ‘particularly large’ sum of money by ‘more than one person’, the two face 9–12 years in pr
Anaklia Port
Former TBC head accuses Georgian interior minister of ‘threats’
The founder of one of Georgia’s largest banks, TBC, has accused the interior minister of sending him a ‘threatening’ letter during last autumn’s presidential elections. Mamuka Khazaradze, the former chair of TBC Bank Group, gave a statement to the Prosecutor’s Office on Tuesday in the presence of a judge at Tbilisi City Court. ‘I’ve submitted a copy of the letter to the Prosecutor’s Office; the original has been sent to London for expert analysis’, Khazaradze told journalists following th
Anaklia Port
Georgian National Bank orders TBC to remove board leaders
The National Bank of Georgia has ordered the shareholders of TBC Bank Group PLC, which owns their namesake Georgian bank, to remove their Chair, Mamuka Khazaradze, and Deputy Chair, Badri Japaridze, from their board within two months. The National Bank also revoked the signature authority of both. The National Bank has the legal right to suspend a bank’s administrator’s right of signature and demand a commercial bank’s board temporarily remove or dismiss them if a violation of the law is
