TBC Bank founder Khazaradze says his return to business is ‘very unlikely’

Mamuka Khazaradze says that as of now he has only political goals. Photo: civic movement Lelo press office. 

Agenda.ge, 16 Oct 2019 - 13:16, Tbilisi,Georgia

The founder of one of Georgia’s leading banks TBC Mamuka Khazaradze, who faces money laundering charges, says that his return to business is “very unlikely,” as he has “big political goals.” 

He has told Mtavari Arkhi that “there is no chance of my return to business before we will change the current reality in the country.”

Khazaradze, who opposes the Georgian Dream leadership, has founded the civic movement Lelo and has plans to create a political party in the coming months ahead of the 2020 parliamentary elections.

He says that the current state leadership is unable to settle the problems the country faces.

Khazaradze is involved in the construction of Anaklia Deep-Sea port with the name of TBC holding.