Georgia’s State Security Service (SSSG) Anti-Corruption Agency, in cooperation with the Prosecutor’s Office, has arrested the director of B.P. TRANS LLC, V.K., a company employee identified as I.Ch., and three staff members of the supervisory company on charges of large-scale fraud involving state funds.
SSSG says the case concerns the misappropriation of GEL 4,184,249 belonging to the Ministry of Regional Development and Infrastructure. The investigation revealed that from June 2021 to September 2022, during works contracted through an electronic tender for the installation of protective stone casting on sections of the Kutaisi-Alpana-Mamisoni Pass road and in Oni Municipality, B.P., the 100% shareholder and former director of B.P. TRANS, orchestrated the scheme. With the help of the company’s director, employee, and contract supervisors, the funds were allegedly embezzled, causing major financial damage to the state.
The SSSG announced that B.P., who is currently in hiding, will be charged in absentia, and a search has been declared for him. The case falls under Article 180, Part 3, Subparagraph “B” and Articles 25, 180, Part 3, Subparagraph “B” of Georgia’s Criminal Code, which carries a sentence of six to nine years’ imprisonment.
The agency stated that additional investigative measures are underway to identify other possible participants in the fraud. At a briefing, officials emphasized that their goal extends beyond arrests: “We aim to ensure guaranteed prevention of corruption facts. Cooperation with the investigation will be treated as a serious mitigating factor under the law.”
The State Security Service reiterated its commitment to fighting corruption and pledged to keep the public informed as the investigation progresses.
