"We will not only resign from the Supervisory Board but will also transfer our shares to a secure, independent International Trust Fund - until the groundless allegations against us are dismissed," said Mamuka Khazaradze, acting chairman of the Anaklia Development Consortium. The businessman"s comment was released by the Anaklia Development Consortium. Khazaradze says the Anaklia project is much more than he and Badri Japaridze are.

“This project is much more than Badri and I. It is vital that the processes associated with both of us, no matter how unjustified or unfair, do not adversely affect the Anaklia Port Project. That is why we will not only resign from the Supervisory Board but will also transfer our shares to a secure, independent International Trust Fund - until the groundless allegations against us are resolved, "Khazaradze said.