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

    Georgia jails three opposition politicians, including bank founder

    Georgia jails three opposition politicians, including bank founder

    Published by Global Banking and Finance Review

    Posted on June 23, 2025

    Featured image for article about Headlines

    By Lucy Papachristou

    (Reuters) -Three Georgian opposition politicians were sentenced to months in prison on Monday, the first to be convicted in a series of prosecutions targeting government critics who refused to give evidence to lawmakers.

    Mamuka Khazaradze and Badri Japaridze, leading figures in the opposition Lelo for Georgia party, were both sentenced to eight months, while Zurab Japaridze of the Coalition for Change bloc received seven months.

    Khazaradze is a co-founder of London-listed TBC Bank, one of Georgia's largest.

    Authorities have launched a string of cases against people accused of refusing to testify to a parliamentary commission investigating alleged wrongdoing under jailed ex-president Mikheil Saakashvili, who led the South Caucasus country from 2004 to 2012. Four other people are also being prosecuted.

    Georgian authorities have moved to clamp down on leading figures of the pro-European Union opposition as street protests continue over a disputed October election and a subsequent government decision to halt talks on joining the EU.

    Khazaradze and both Japaridzes, who are not related, were also banned from holding public office for two years, the Interpress news agency reported.

    Their parties rejected last year's election result and accused the ruling Georgian Dream party of rigging the poll in order to win a fourth term. The government denies that allegation, but two U.S. pollsters said there was evidence of manipulation.

    In a post on X, Khazaradze rejected the court's ruling, saying the parliamentary commission "has no real function" and pointing out he did not hold public office during the period the body is investigating.

    Spokespeople for the parties of the jailed politicians did not immediately reply to requests for comment.

    Traditionally one of the most pro-Western countries to emerge from the Soviet Union, Georgia has taken a sharply authoritarian turn in recent years, critics say. Georgian Dream has passed a slew of laws clamping down on foreign-funded organisations operating in the country, and on LGBT people.

    Georgian Dream says it still wants to join the EU but also wants to preserve the country's traditional values and keep peace with its huge northern neighbour, Russia.

    (Reporting by Lucy Papachristou; Editing by Mark Trevelyan)

    Related Posts
    Britain launches second carbon capture licensing roundBritain launches second carbon capture licensing round
    EU leaders say Ukraine's sovereignty, long-term security crucial in peace talksEU leaders say Ukraine's sovereignty, long-term security crucial in peace talks
    Russia suspends flights at four airports, warns residents of drone attacksRussia suspends flights at four airports, warns residents of drone attacks

    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