Lawyer of TBC Bank founders appealed against Tbilisi City Court’s decision
Lawyer of TBC Bank founders appealed against Tbilisi City Court’s decision

Zviad Kordzadze, the lawyer of TBC Bank founders Mamuka Khazaradze and Badri Japaridze has appealed against Tbilisi City Court’s decision.

According to the lawyer, the ruling was fully appealed. As lawyer claims the ruling of the court is unfounded.

GEL 700 000 bail was ordered by the court for TBC Bank founders Mamuka Khazaradze and Badri Japaridze on July 26. The Prosecutor’s Office demanded the imposition of bail to each person in the amount of 1 million GEL.

On July 24, the General Prosecutor’s Office presented charges to Mamuka Khazaradze and Badri Japaridze on the fact of legalization of illegal revenues in the amount of USD 16 754 000.