Georgian businessman Avtandil Tsereteli has been charged as an accomplice in alleged money laundering case concerning the founders of JSC TBC Bank Badri Japaridze and Mamuka Khazaradze. Prosecutor's office claims that 11 years ago the bankers have illicitly made fraudulent transactions, thus obtained $16,164,000.
Prosecution states that the companies founded by Avtandil Tsereteli were involved in suspicous transactions. Avtandil Tsereteli will be charged with the offense at the Prosecutor’s Office of Georgia later today. This statement has already raised consernes about media-freedom, because son of Avtandil Tsereteli, Vato Tsereteli is a founder of independent TV station - TV pirveli. Tsereteli believes that the charges against his father are also directed towards the TV station.
Statement of Prosecutor's office:
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