Cartu Bank

Ex Revenue Service head admits trying to bankrupt Cartu

By | January 17th, 2013|Categories: News|Tags: |

TBILISI, DFWatch — The former chairman of the Revenue Service ‘kind of admits’ being part of an effort to bankrupt Cartu Bank. Cartu Bank was one of the first targets of President Mikheil Saakashvili’s government after the billionaire Bidzina Ivanishvili […]

Witness confirms Cartu Bank bankruptcy plot

By | December 28th, 2012|Categories: News|Tags: |

The leader of a business chamber in Georgia says he helped the previous government try to bankrupt Cartu Bank, which was owned by current Prime Minister Bidzina Ivanishvili. Giorgi Isakadze, Chair of Georgia’s Small and Medium Enterprises Association, […]

Vera Kobalia questioned about Cartu Bank bankruptcy scheme

By | December 22nd, 2012|Categories: News|Tags: , |

TBILISI, DFWatch — Former Economy Minister Vera Kobalia was Friday evening questioned regarding the bankruptcy of a bank connected to Prime Minister Ivanishvili. Former Justice Minister Zurab Adeisvhili was also called in for questioning in the same case, […]

Ivanishvili’s Cartu Bank fined half a million dollars

By | March 13th, 2012|Categories: News|Tags: , |

TBILISI, DFWatch – The Georgian Chamber of Control keeps using its newly granted authority and fines a Georgian billionaire turned politician’s bank 822 040 lari (about 498 000 US dollars) for avoiding the law during financial transactions. In a statement, the Chamber […]

Gov’t to Cartu Bank: Stay out of politics

By | November 17th, 2011|Categories: News|Tags: , |

TBILISI, DFWatch - If the managers of Cartu Bank won’t keep out of politics and get its house in order, the National Bank will take it over. Giorgi Kadagidze, president of the National Bank, said this Thursday at a session of the parliament’s finance and budget committee. Cartu Bank is owned by Bidzina Ivanishvili, the Georgian [...]