This week the court found Mamuka Khazaradze, Badri Japaridze and Avtandil Tsereteli guilty and sentenced them to 7 years in prison, however, exempted them from criminal charges. Judge Giorgi Arevadze announced the verdict. The Court also re-qualified the initial charges of money laundering to Article 180 (2a, 3b) of the Criminal Code, involving fraud committed by more than one person and in large quantities. According to Mamuka Khazaradze, Badri Japaridze and Avtandil Tsereteli, they will appeal against this decision and will fight for its abolition.
