I would offer special conditions to all Georgian businessmen for their return - says one of the founders of largest private Bank in Georgia, Mamuka Khazaradze during his meeting with the students of Caucasus University.
According to Khazaradze, Georgia is a small country and it doesn’t have enough inner resources for development, that’s why he thinks that the country needs to attract all Georgian businessmen abroad back in our country.
“Our country can attract foreign businesses and create new culture by this, however, unfourtantely, we don’t have inner resources. First thing I would do is return all Georgian businessmen who are working abroad by offering them special conditions. You have to invite these people. Perhaps you’re successful in Russia, Ukraine, Belgium, Germany or the US and etc. – you have to invite about 20-30 people and ask them – what do you need to return to Georgia? In the meantime, they all have bought something here, the land, apartments or enterprises and they are doing nothing”, says Khazaradze.
Khazaradze also added that since we’re a small nation we need to unite every talented individual.
“Let’s stop messing around. I feel like I’m having a deja-vu and that I am watching the same thing over and over on TV. I can’t feel whether we’re still in the 90s or… and not because I’m criticizing anyone. I’m criticizing myself first of all, because I’m also part of this society together with you”, stated Mamuka Khazaradze.
Meanwhile Khazaradze is a target of an ongoing investigation, prosecutors office thinks that he is involved in money laundering scheme. On Friday TBC Bank has filed a lawsuit against National Bank of Georgia (NBG) for their decision to suspend authority for the TBC Bank's Supervisory Board Chairman Mamuka Khazaradze and Deputy Badri Japaridze.
National Bank of Georgia ordered the firing of Chairman and Deputy Chairman of the Supervisory Board of TBC Bank, Mamuka Khazaradze and Badri Japaridze. This decision has to be implemented within the course of next two months.
Mamuka Khazaradze thinks that this decision is a part of a campaign to damage his reputation. “The NBG wants to distance us from the company we created together 27 years ago and which is now successful, international, London-based, multi-billion organization with theteam of up to 10,000 people...We will not give up our job, our freedom, our dignity. We will not tolerate injustice and we will defend the legal right of TBC and its shareholders in local and international institutions,” TBC Bank's Supervisory Board Chairman stated.
According to NBG and prosecutor's office Khazaradze and Japaridze have violated legislation regulating conflicts of interests issues. The identified infringements that were detected through the inspection conducted by NBG, are linked to the transactions that took place in 2007-2008.
