Friday, December 5, 2025

Former investment fund chief faces new trial over Mtkvari hydropower project

TBILISI, November 4 – Tbilisi City Court held a preliminary hearing Tuesday in a new criminal case against Giorgi Bachiashvili, the former head of Georgia’s Co-Investment Fund, over alleged mismanagement connected to the Mtkvari hydropower plant project. At the hearing, the court reviewed the admissibility of evidence and is expected to decide whether the case … Read more

Former prison chief found dead in Georgia

TBILISI, October 8 – The former director of Gldani prison in Tbilisi, Davit Gogoberishvili, has been found dead with a gunshot wound, Georgian media reported Wednesday. According to Interpressnews, Gogoberishvili’s body was discovered inside a garage, and early reports suggest he sustained a fatal wound from a firearm. The Ministry of Internal Affairs confirmed that … Read more

Georgia charges suspect’s parents in massive bitcoin laundering case

TBILISI, September 30 – Georgia’s Prosecutor’s Office has launched criminal proceedings against the parents of Giorgi Bachiashvili, a man already convicted in a high-profile cryptocurrency fraud case. Prosecutors say that between 2015 and 2017, Bachiashvili misappropriated nearly 9 bitcoins (8,986.8675 BTC) that legally belonged to billionaire and ruling party founder Bidzina Ivanishvili; an amount corresponding … Read more