Explore more publications!

Former Georgian Premier Faces Five Year Prison Sentence

(MENAFN) The Georgian prosecutor general’s office announced Monday that Irakli Garibashvili, who served as prime minister from 2013–2015 and again from 2021–2024, has pleaded guilty to money laundering and received a five-year prison sentence.

"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," the office said in its statement.

In addition to the prison term, Garibashvili was fined 1 million lari (approximately $370,000), and assets obtained through illicit activity were confiscated by the state.

"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," the statement added.

Investigators determined that between 2019 and 2024, Garibashvili engaged in unlawful business practices 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 properties belonging to several former officials, including Garibashvili.

MENAFN12012026000045017167ID1110586875


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.

Legal Disclaimer:

EIN Presswire provides this news content "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 author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions