US Embassy comments on charges against TBC Bank co-founders

TBILISI(BPI)- We are concerned about the context and timing of the charges the Georgian Prosecutor General’s Office has filed against TBC Bank co-founders Mamuka Khazaradze and Badri Japaridze, the US Embassy to Georgia said in a statement on Thursday.

“We are closely following developments related to the criminal charges the Georgian Prosecutor General’s Office has filed against TBC Bank co-founders Mamuka Khazaradze and Badri Japaridze. We are concerned about the context and timing of these charges.

An impartial and transparent legal system that is free of political influence is vital for Georgia’s Western integration and its ability to attract foreign investment.

We continue to support the Anaklia port project, a significant source of U.S. investment in Georgia that has the potential to advance the country’s economic growth,” the statement reads.

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