• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

Mamuka Khazaradze, Badri Japaridze & Avtandil Tsereteli Exempted from Imprisonment

by Georgia Today
January 12, 2022
in Highlights, Social & Society
Reading Time: 1 min read
Mamuka Khazaradze, Badri Japaridze & Avtandil Tsereteli Exempted from Imprisonment

The Tbilisi City Court exempted TBC Bank co-founders Mamuka Khazaradze and Badri Japaridze and businessman Avtandil Tsereteli from criminal charges. All three were exempted from imprisonment.

Based on the judge’s decision, the article with which Khazaradze and Japaridze were charged was reclassified from money laundering to fraud.

However, they were exempted from imprisonment due to the statute of limitations.

Moreover, they were exempted from all the restrictions previously imposed, such as crossing the Georgian border and bail.

However, despite being exempted from imprisonment, TBC Bank co-founders and current leaders of the Lelo party Khazaradze and Japaridze claim that they will appeal the court’s decision.

“We will appeal against this decision because no crime was committed: it was a fight to save our financial institution,” this is how Badri Japaridze assessed the decision made by the court.

Japaridze said the decision is a continuation of the fraud that has been committed by the prosecution throughout this time.

“The falsity that we heard from the judge is very clear. In 2012, it turned out that we committed fraud, which was not even investigated, and neither the victim nor the complainant has been identified,” said Khazaradze, adding that the court decision is “nonsense.”

The Prosecutor’s Office accused Mamuka Khazaradze, Badri Japaridze and Avtandil Tsereteli of money laundering. The case concerns financial transactions made in 2008. Khazaradze and Japaridze were working for TBC Bank at that time.

The investigation into the said transactions started only in 2018, 10 years later. All three denied the allegations and considered the case to be politically motivated.

By Ana Dumbadze

Tags: Badri JaparidzeMamuka KhazaradzeTBC Founders
ShareShareTweet

Related Posts

Health Ministry reviews Hepatitis programs and progress
News

Health Ministry reviews Hepatitis programs and progress

July 28, 2025
Wildfires rage across Turkey, Greece, and Albania amid intense mediterranean heatwave
Highlights

Wildfires rage across Turkey, Greece, and Albania amid intense mediterranean heatwave

July 28, 2025
Controversy erupts as Russian military-affiliated fencers compete at world championships in Tbilisi
Highlights

Controversy erupts as Russian military-affiliated fencers compete at world championships in Tbilisi

July 28, 2025

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

3 months ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

1 year ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

1 year ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

3 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

3 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

3 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

3 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

3 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Former GD MP Luka Kurtanidze arrested after abusing his ex-wife

Multinational military exercise Agile Spirit 2025 officially launches in Georgia

UK Embassy: Georgian Dream distancing from West as Russian threat persists

Visa barriers for parents undermine Georgia’s international student boom

EP: No recognition of Georgian gov’t until free, fair elections held

MIA: 17 detained under administrative procedures on Tvalchrelidze Street

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2024 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2024 © Georgia Today