U.S. Embassy: We are concerned about the context and timing of charges filed against TBC Bank co-founders
U.S. Embassy: We are concerned about the context and timing of charges filed against TBC Bank co-founders

The U.S. Embassy to Georgia responds to the developments related to the criminal charges the Georgian Prosecutor General’s Office has filed against TBC Bank co-founders Mamuka Khazaradze and Badri Japaridze.

The relevant statement has been published by the Embassy.

“We are closely following developments related to the criminal charges the Georgian Prosecutor General’s Office has filed against TBC Bank co-founders Mamuka Khazaradze and Badri Japaridze. We are concerned about the context and timing of these charges.

An impartial and transparent legal system that is free of political influence is vital for Georgia’s Western integration and its ability to attract foreign investment.

We continue to support the Anaklia port project, a significant source of U.S. investment in Georgia that has the potential to advance the country’s economic growth”, – the statement reads.