Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Georgian police raid homes of activists providing financing to anti-government protesters

    Georgian police raid homes of activists providing financing to anti-government protesters

    Published by Global Banking and Finance Review

    Posted on April 29, 2025

    Featured image for article about Headlines

    By Lucy Papachristou

    (Reuters) - Georgian prosecutors said on Tuesday they had conducted searches at the apartments of five individuals who helped organise funding campaigns to support street protesters, amid a government crackdown on the rallies that have raged for months.

    Georgians have taken to the streets nightly since November to voice opposition to a government decision to halt accession talks to the European Union, a reversal of a longstanding national goal in the South Caucasus country of 3.7 million.

    The demonstrations have drawn a swift crackdown by police, resulting in hundreds of arrests and beatings, rights groups say. The government has defended the police response.

    In a statement on Tuesday, the prosecutor's office said the searches were part of an ongoing criminal investigation into sabotage, attempted sabotage, and the use of funds to violate the constitutional order, among other charges.

    Prosecutors launched a probe last month into funding campaigns organised by civil society groups that assisted detained protesters with legal help and money to cover fines. The prosecutors accused the groups of encouraging the protesters to commit illegal acts at street rallies. Authorities froze those groups' bank accounts as part of the investigation.

    The five individuals who were searched on Tuesday are all affiliated with the civil society groups. Several of them wrote on Facebook that officers had confiscated their cell phones and laptops during the searches.

    Four of the groups accused of helping the protesters did not immediately respond to a Reuters request for comment. Reuters was not able to contact the fifth group, Foundation For Each Other 24/7.

    Traditionally among the more pro-Western and democratic of the Soviet Union's successor states, Georgia in recent years has tilted more towards Russia under the Georgian Dream (GD) party, in power since 2012.

    As part of a broader government clampdown on Georgia's pro-Western opposition, GD passed legislation this month banning foreign donor organisations from providing grants locally without government consent, with violators facing steep fines.

    (Reporting by Lucy Papachristou; Editing by Gareth Jones)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe