TBC Bank founders Mamuka Khazaradze and Badri Japaridze have stated that they will leave top managerial posts in the Anaklia Development Consortium to “protect the Anaklia Port project and end speculations.”
Khazaradze says that Anaklia Port has a vital importance for Georgian state and Georgian economy.
"Anaklia Port is vitally important for the state. It will be the turning point for the Georgian economy. The port will finally make Georgia a gateway between Europe and Asia. Our negotiations with top investors were nearly completed two days ago when the absurdity started again. On the one hand the government says that they support the project and on the other hand they fight the construction,” Khazaradze said.
The Prosecutor’s Office has charged Khazaradze and Japaridze with laundering clause, citing transactions made back in 2008. Experts and NGO-s familiar with case say that the money laundering charges are ungrounded.
The Georgian Chief Prosecutor’s Office has demanded one million GEL bail from each as a restraining measure before the trial takes place.
The Prosecutor’s Office says that the bail demanded is reasonable taking the incomes of Japaridze and Khazaradze into account.
"The decision is to bring charges against Mamuka Khazaradze and Badri Japaridze for the fact of the legalisation of illicit income in group in the amount of USD 16 664 000 followed by a gain of particular large amounts of income (the offence under articles 194.2a and 194.3c of the Criminal Code of Georgia),"- said the press speaker of prosecutor’s office.
Khazaradze says that Anaklia Port has a vital importance for Georgian state and Georgian economy.
"Anaklia Port is vitally important for the state. It will be the turning point for the Georgian economy. The port will finally make Georgia a gateway between Europe and Asia. Our negotiations with top investors were nearly completed two days ago when the absurdity started again. On the one hand the government says that they support the project and on the other hand they fight the construction,” Khazaradze said.
The Prosecutor’s Office has charged Khazaradze and Japaridze with laundering clause, citing transactions made back in 2008. Experts and NGO-s familiar with case say that the money laundering charges are ungrounded.
The Georgian Chief Prosecutor’s Office has demanded one million GEL bail from each as a restraining measure before the trial takes place.
The Prosecutor’s Office says that the bail demanded is reasonable taking the incomes of Japaridze and Khazaradze into account.
"The decision is to bring charges against Mamuka Khazaradze and Badri Japaridze for the fact of the legalisation of illicit income in group in the amount of USD 16 664 000 followed by a gain of particular large amounts of income (the offence under articles 194.2a and 194.3c of the Criminal Code of Georgia),"- said the press speaker of prosecutor’s office.
