Daily Archives: December 20, 2016

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Two Georgians jailed accused of USD 25 million microfinance fraud

Economy

Two Georgians jailed accused of USD 25 million microfinance fraud

By DFWatch staff| 2016-12-20T16:46:18+04:00 December 20th, 2016|Categories: Economy|Tags: Ltd Georgia (microfinance), Merab Peradze, Tamaz Lobhzanidze|

(Interpressnews.) TBILISI, DFWatch–Tbilisi City Court on Sunday ordered the pre-trial detention of two Georgians who are suspected of embezzlement of more than USD 25 million from thousands of microfinance customers. The court rejected a motion to release the accused […]

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Fire on Kutaisi-Batumi passenger train under investigation

News

Fire on Kutaisi-Batumi passenger train under investigation

By DFWatch staff| 2016-12-20T14:44:02+04:00 December 20th, 2016|Categories: News|Tags: fire safety, Georgian Railways, train accidents|

TBILISI, DFWatch–Police in Georgia are investigating a fire which broke out Sunday aboard a passenger train en route from Kutaisi to Batumi on the Black Sea. The blaze occurred near the village Khajalia. Although the train carriage was severely damaged, […]