Accounts of Georgiy Bachiashvili's parents frozen

THIS MATERIAL (INFORMATION) WAS PRODUCED AND DISTRIBUTED BY FOREIGN AGENT OOO "MEMO" OR CONCERNED THE ACTIVITIES OF FOREIGN AGENT OOO "MEMO".

A court in Tbilisi, at the request of the investigation, has frozen the bank accounts and assets of the parents of the former head of the co-investment fund, Giorgi Bachiashvili, who was found guilty of embezzling bitcoins belonging to Bidzina Ivanishvili.

As "Kavkazsky Uzel" wrote, at the end of May, the State Security Service of Georgia reported the detention at the border of the former head of the co-investment fund, Giorgi Bachiashvili, who was sentenced to 11 years in prison in the case of embezzling bitcoins belonging to Bidzina Ivanishvili. The lawyers stated that the prosecution was politically motivated. On July 14, Bachiashvili complained about being beaten in prison. On August 12, the Tbilisi Court of Appeals upheld Bachiashvili's sentence.

As part of the investigation into the money laundering case, which was separated from the criminal case against Giorgi Bachiashvili, the court ordered the seizure of the bank accounts and assets of the parents of the former head of the co-investment fund, which he acquired during and after the commission of the alleged crime, Georgia Online wrote on September 13, citing the prosecutor's office.

According to the department, Bachiashvili and persons associated with him acquired various assets by legalizing illegally appropriated cryptocurrency. The prosecutor's office is investigating the possible involvement of Bachiashvili's family members.

* the activities of the Meta company (which owns Facebook, Instagram and WhatsApp) are prohibited in Russia.