Featured Georgia

JPMorgan Hacker Will Plead Guilty Over Role in Vast Cyber-Attack

A Russian hacker at the center of an alleged scheme to steal financial data on more than 80 million JP Morgan Chase & Co. clients will plead guilty later this month, according to a U.S. court filing. Andrei Tyurin, who was extradited last year from the Republic of Georgia, is… Read More

$16 million frozen on accounts of TBC Bank founders accused of money laundering

TBC Bank co-founder Mamuka Khazaradze says that the equivalent of more than $16 million has been frozen on his accounts and on those of co-founder Badri Japaridze per a request of the Prosecutor’s Office. “This action serves only one purpose – to bring an end to the public movement we… Read More

Georgia’s prosecutors charge TBC Group’s chairman with money laundering

Georgian prosecutors charged TBC Bank Group’s (TBCG.L) chairman and his deputy on Wednesday with money laundering, a move the bankers said was absurd and damaged prospects for attracting investment to the country. Mamuka Khazaradze, chairman of the group that owns Georgia’s biggest retail bank and also a prominent… Read More
7th February 2019
AP — European Council President Donald Tusk took a swipe Wednesday at some Brexit-backers in Britain, wondering aloud what “special place in hell” might be reserved for those who had no idea how to deliver the country’s exit from the European Union. With less than two months to go until… Read More
29th September 2016
ONE of Scotland’s controversial tax haven firms has been used by Georgian officials to advertise the former Soviet republic as a holiday destination. Global anti-corruption organisation Transparency International has criticised the country’s national tourist agency for handing over hundreds of thousands of pounds to a newly-created Scottish limited partnership or… Read More