TBC Bank founders break silence. According to Khazaradze, he is ready to continue the legal battle and make all the contents public.
"We are a strong financial institution, a strong united team and we stand together to achieve ambitious goals. First of all, I would like to emphasize that we respect the state institutions and the law. Since the establishment of TBC , our main value is transparency, honesty and subordination. As you know, TBC Bank has filed a lawsuit to the court against all the decisions of the regulator on the 11-year-old case and we look forward to the justice. Although, We are ready to continue dialogue with the National Bank to find a way out in order to avoid potential negative impacts on the country"s investment environment and the country"s economy.
“Due to a high public interest we would like to note that all materials are sent to international financial institutions, to our partners. We have the conclusion of an international law firm - "Danton’s", which clearly states that these transactions have nothing to do with money laundering, or violation of bank regulation or conflict of interest. We are ready to share information about this report and transaction with all interested parties, relevant committees of parliament, non-governmental organizations, etc. Also, we would like to express our willingness on setting up a special commission of local and foreign legal companies, NGOs, representatives of the embassy, we are ready to provide the commission with any information, any records about this issue.
.We are ready to provide legal conclusion and information about these specific transactions of 2007-2008 to all interested parties, relevant committees of Parliament, NGOs and diplomatic corps."We are also ready to select the local or foreign legal companies, NGOs, councils, special commissions that you have named, based on public interests, which we will give you any information about any issue regarding the issue, We were disturbed, "said Mamuka Khazaradze.
The National Bank of Georgia (NBG) gave TBC Bank’s shareholders two months notice to remove the Chairman of the Supervisory Board, Mamuka Khazaradze and his deputy Badri Japaridze from the Supervisory Board. The NBG says its decision is linked with the cases of violations of the legislation related to the conflict of interest in transactions of 2007-2008, detected during the examination of the TBC Bank’s accounts.
As opponents of the government say, Bidzina Ivanishvili has personal dispute with Mamuka Khazaradze.According to them, Khazaradze is a potential threat to Ivanishvili. In addition, the problem is Anaklia"s port, Ivanishvili"s goal is to seize this project, which in itself is in the interests of Russia.