This article discusses a court hearing related to Bidzina Ivanishvili, the billionaire founder of Georgia’s ruling party GD. The main points are:
* Levan Bachiashvili, a representative of Ivanishvili, was arrested and had to pay 2.5 million GEL in bail.
* He was prohibited from leaving the country without informing the prosecution.
* In an interview before the hearing, Bachiashvili criticized GD’s narrative about the “deep state” as invented by him.
* Bachiashvili also commented on Ivanishvili’s financial moves following US sanctions.
* The next day, Ivanishvili’s attorney, Teimuraz Tsikvadze, spoke to journalists and explained that Ivanishvili had invested in Mission Gate, believing the funds were properly reflected in the account. He claimed that Bachiashvili later informed Ivanishvili about the instability of cryptocurrency, and Ivanishvili quickly sold the mined bitcoins.
* Tsikvadze stated that they still don’t know the exact details of the transaction, such as the number of bitcoins mined, the amount needed to cover the credit, or the remaining funds. He added that Ivanishvili would be called as a witness and “you will see soon what format this will take.”
