Giorgi Shagidze, former CFO and Deputy General Director of TBC Bank, has expressed disappointment over the imprisonment of Mamuka Khazaradze and Badri Japaridze, founders of the Lelo party and former TBC executives.
“I am connected to them through years of friendship and shared achievements at TBC,” Shagidze wrote on Facebook. “I saw their patriotism and how they did great things for Georgia’s business sector.”
He highlighted Badri Japaridze’s role in attracting foreign investment to Georgia and praised his deep understanding of the country’s potential.
Shagidze wished the two strength and resilience during what he described as an unjust and disappointing situation.
Background: During Shagidze’s tenure, TBC Bank was listed on the London Stock Exchange and launched its IPO in 2014 — one of the biggest milestones in Georgia’s banking sector.


