Georgia’s ruling Georgian Dream party has said they will not open a parliamentary probe into claims by former TBC head Mamuka Khazaradze that the interior minister threatened him. [Read more…]
Former Georgian Prime Minister Irakli Gharibashvili has returned to politics with promises to unite the ruling Georgian Dream party and put an end to the government’s ‘soft’ approach to the ‘destructive opposition’. [Read more…]
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. [Read more…]
The Chair and Deputy Chair of TBC Bank Group PLC, which owns one of Georgia's largest banks, TBC, have resigned. The resignations followed a demand from the Georgian National Bank a week ago that they go, due to an ongoing investigation into possible money laundering.
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.