403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Former Georgian Premier Gets Sentenced for Money Laundering
(MENAFN) The Georgian prosecutor general’s office announced Monday that Irakli Garibashvili, who previously served as prime minister from 2013 to 2015 and again from 2021 to 2024, pleaded guilty to money laundering and received a five-year prison sentence.
According to the official statement, "The Prosecutor's Office of Georgia has signed a plea agreement with the accused Irakli Garibashvili, according to which the former prime minister was sentenced to 5 years imprisonment for the crime under Article 194, part three of the Criminal Code of Georgia."
In addition to the prison term, Garibashvili was fined 1 million lari (approximately $370,000), while assets obtained through illicit activities were confiscated by the state.
The office noted: "Irakli Garibashvili admits the crime and agrees with the terms of the plea agreement. The court has already satisfied the motion of the prosecutor's office on plea agreement."
Investigators revealed that between 2019 and 2024, Garibashvili unlawfully engaged in business operations and falsified income declarations.
The case originated from an October 2023 operation in which Georgian special services seized more than $7 million during searches of the residences of several former officials, including Garibashvili.
According to the official statement, "The Prosecutor's Office of Georgia has signed a plea agreement with the accused Irakli Garibashvili, according to which the former prime minister was sentenced to 5 years imprisonment for the crime under Article 194, part three of the Criminal Code of Georgia."
In addition to the prison term, Garibashvili was fined 1 million lari (approximately $370,000), while assets obtained through illicit activities were confiscated by the state.
The office noted: "Irakli Garibashvili admits the crime and agrees with the terms of the plea agreement. The court has already satisfied the motion of the prosecutor's office on plea agreement."
Investigators revealed that between 2019 and 2024, Garibashvili unlawfully engaged in business operations and falsified income declarations.
The case originated from an October 2023 operation in which Georgian special services seized more than $7 million during searches of the residences of several former officials, including Garibashvili.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.

Comments
No comment