Georgian Prosecutor's Office investigating potential money laundering case of tens of millions worth of USD in various currencies
As part of the investigation the officers of the General Prosecutor's Office of Georgia searched several objects in Tbilisi to confiscate documents and electronic devices. Photo: Nino Alavidze/Agenda.ge.
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The General Prosecutor's Office of Georgia is investigating a potential money laundering case concerning transactions worth tens of millions of US dollars in various currencies.
As part of the investigation the officers of the General Prosecutor's Office of Georgia searched several objects in Tbilisi to confiscate documents and electronic devices.
A particularly large amount of money was confiscated along with the documentation", stated the General Prosecutor's Office.
One of the objects searched today as part of the investigation is a company called Broli, a construction materials company.
Special forces also searched the club Kalakuri and a currency exchange booth on Ketevan Tsamebuli Avenue in Tbilisi.
An investigation is underway and the Prosecutor's Office of Georgia will inform the public about the results of the investigation.
Minister of Finance Ivane Matchavariani presented a new initiative earlier today to reduce money laundering risks related to gambling in Georgia.
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The heads of 53 different companies are being investigated for tax evasion and money laundering, the Investigation Service of the Ministry of Finance of Georgia reports. Defendants allegedly attempted to retain 100 million GEL ($34.3m/€30.6m) in VAT and avoid transferring it to the state budget.
The General Prosecutor's Office of Georgia has uncovered a transnational fraud scheme and launched criminal prosecution against two individuals.
About one million Georgian citizens will be banned from online gambling and will not be allowed in brick and mortar casinos, Georgian Prime Minister Irakli Garibashvili stated earlier today.
The Prosecutor’s Office of Georgia has launched criminal prosecution against three individuals for fraud and money laundering committed against British and French citizens, the state body announced on Thursday.
The Prosecutor General’s Office of Georgia on Wednesday said it had arrested an Iranian citizen for laundering “especially large amounts” of money between the years 2017-2020.