TBILISI, DFWatch–Interpol did not ask Georgian prosecutors for additional information before deciding to call off the search for a former justice minister.
Yesterday, the story broke that Interpol no longer has a so-called red notice on its webpage seeking the arrest
TBILISI, DFWatch – A new report shows that legislative changes ushered in by the Georgian government to counter the influence of an opposition billionaire has hampered the bank sector.
The report shows that new legislation about banks, tax and the executive made
TBILISI, DFWatch – Bank Cartu of Georgian tycoon Bidznia Ivanishvili sues Georgian National Bank because an audit is being delayed, claiming political motivations. The National Bank started an audit of Cartu right after police seized two million US dollars and one million euros worth of cash last October, suspected of being part of a money … Read more
TBILISI, DFWatch – The cash which authorities in Georgia took into custody in an armed police raid last October has been returned to businessman Bidzina Ivanishvili’s bank. According to a statement from Tbilisi Prosecutor’s Office dated Tuesday, the cash apprehended on October 18, 2011, has been transferred to Cartu Bank’s account in accordance with the law, … Read more
TBILISI, DFWatch – An opposition parliamentarian claims that the government of Georgia is involved in a scheme to force a billionaire businessman and political newcomer’s bank into bankrupcy. The scheme, as Giorgi Tsagareishvili describes it, involves a combination of legislative changes and a large loan from the businessman Bidzina Ivanishvili’s Cartu Bank made with security … Read more
TBILISI, DFWatch – Police in Tbilisi Tuesday afternoon arrested six employees of CartuBank in an armed operation against the bank which belongs to the businessman who ten days ago said he would challenge president Saakashvili’s almost total power grip over the country. Government friendly TV Rustavi 2 reports that several are detained for money laundering, … Read more