Two shareholders of the biggest Georgian bank are accused of laundering 16 million. They are facing 12 years of imprisonment.
The statement was made at the Prosecutor"s Office at 12 o"clock. In a few minutes after the announcement, the Bank"s shares were downgraded at the London Stock Exchange. The downfall continues. According to the latest information, impairment has reached four per cent.
Mamuka Khazaradze and Badri Japaridze are waiting for charges at their office.
Zviad Kordzadze, the lawyer and Vakhtang Butskhrikidze, the director of TBC Bank have just arrived for consultations.
Consultations lasted for one hour. After the meeting Vakhtang Butskhrikidze and Badri Japaridze left the building without any comment.