Prosecutor’s Office Charges Mamuka Khazaradze and Badri Japaridze

The Prosecutor General's Office of Georgia has charged the founders of JSC TBC Bank, Mamuka Khazaradze and Badri Japaridze.

According to the agency, they are accused of the legalization of illicit income to a total sum of $16 754 000.

“Mamuka Khazaradze and Badri Japaridze are charged for the legalization of $16 754 000, as a result of which they received a large amount of income”, reads the statement of the Prosecutor General's Office.

Mamuka Khazaradze and Badri Japaridze were summoned to Prosecutor General’s Office today, where the charge will be officially read to them.  According to the Prosecutor General's Office, the Agency will appeal to the court regarding the measure of restraint. 

According to Khazaradze's lawyer, he will go to the Prosecutor's Office today ar 5 PM.

The Prosecutor General's Office of Georgia launched an investigation into the legalization of illicit income by the Chairman and the Deputy Chairman of the Supervisory Board of TBC Bank on 2 August 2018.

By Ana Dumbadze