Prosecutor – British side provided Georgia with information about Khazaradze-Japaridze financial activities

19:46, 27.08.2019

The Georgian General Prosecutor’s Office responded to the statements made by TBC Bank founders during a press conference held earlier today.

Prosecutor Giorgi Mikava said that the Financial Monitoring Service had not applied to the British colleagues and that, on the contrary, the British side provided Georgia with the information about Khazaradze-Japaridze financial activities.

Mamuka Khazaradze and Badri Japaridze, founders of TBC Bank and co-founders of the Anaklia Development Consortium said during a press conference that the Georgian Financial Monitoring Service had applied to the British side to block their financial resources in Britain saying they were ‘illegal.’

Japaridze said that the move served as yet another repressive measure and called on embassies of partner states to become interested with the issue.

Mamuka Khazaradze and Badri Japaridze were officially charged for money laundering in the amount of USD 16 664 000 on July 24. They are imposed to pay the bail in the amount of 700 thousand GEL each.

Justice/Crime

Giorgi Mikava

Khazaradze-Japaridze