Former Georgian Prime Minister Irakli Garibashvili has been sentenced to five years in prison, fined one million lari, and had $6.5 million and several vehicles confiscated.
Garibashvili, 43, pleaded guilty to charges of large-scale money laundering and voluntarily cooperated with authorities.
His lawyer, Mikheil Shakulashvili, confirmed the news on Monday adding that the former prime minister has not testified against anyone and does not intend to do so.
“He cooperated on his own initiative,” Shakulashvili said, noting that no further charges have been discussed beyond the current case.
Authorities seized flash drives and other items from Garibashvili’s residence, while the $6.5 million recovered has been transferred to the state budget.
Shakulashvili clarified that the former prime minister’s winery and factory will not be confiscated, saying that loans taken for land purchases, importing equipment, and operating the factory are still being repaid.
He added that other seized valuables, including gold and watches, did not belong to Garibashvili.
Garibashvili served as Georgia’s prime minister from 2013 to 2015 and again from 2021 to 2024.
The prosecution said Garibashvili was charged under Georgia’s anti-money laundering laws for legalising illegal proceeds and receiving income in an especially large amount.
Saudi Arabia’s Delta Energy International has signed a 25-year, $200 million oil and gas contract with Afghanistan’s Ministry of Mines ...
Asian countries are seeking to unlock investment and ease cross-border financing as digital technologies transform financial markets, a key focus o...
Several state-owned infrastructure companies in Central Asia are preparing for potential listings in Hong Kong, as the financial hub steps up effor...
At least five people were killed and five others injured when an Amazon Prime Air cargo plane overran a runway and crashed while landing at Miami International Airport on Sunday, 6 September, local officials said.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Operations at several energy facilities in Saudi Arabia were suspended on Tuesday after attacks by Iran-aligned Houthi forces injured more than 70 people and sparked fires, Saudi authorities said.
Saudi Arabia’s Delta Energy International has signed a 25-year, $200 million oil and gas contract with Afghanistan’s Ministry of Mines and Petroleum, launching exploration and extraction work in the country’s western Kushk-Tirpul basin.
Asian countries are seeking to unlock investment and ease cross-border financing as digital technologies transform financial markets, a key focus of the first CICA Finance Summit in Astana, attended by representatives from 16 member states.
Several state-owned infrastructure companies in Central Asia are preparing for potential listings in Hong Kong, as the financial hub steps up efforts to connect the region’s businesses with international investors.
Pakistan has ordered Afghan medical and dental students to return to Afghanistan, widening its repatriation drive as tensions with Kabul persist over militant attacks and cross-border security.
Türkiye could become an increasingly important outlet for Iraqi crude as Baghdad develops new export routes to reduce its reliance on the Strait of Hormuz and targets capacity of five million barrels per day.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment