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Irakli Kobakhidze, the Prime Minister of Georgia, criticized the Swiss banking system for being used as a tool for political blackmail against Bidzina Ivanishvili. He highlighted that the issues began in 2008 after Ivanishvili distanced himself from Mikheil Saakashvili and escalated following the Ukraine war, leading to the freezing of Ivanishvili's funds. Kobakhidze emphasized that despite the pressure, Ivanishvili remains committed to the country's interests, asserting that the actions against him are politically motivated and detrimental to the reputation of Swiss banks.
Prime Minister Irakli Kobakhidze asserted that the Credit Suisse dispute involving Bidzina Ivanishvili is fundamentally a political issue rather than a commercial one. He highlighted that the conflict dates back to 2008, when Ivanishvili ceased communication with Mikheil Saakashvili, leading to what Kobakhidze describes as a politically motivated attack on Ivanishvili's account. The Prime Minister emphasized that the recent inclusion of the Credit Suisse case in US sanctions documents confirms the political nature of the dispute, undermining the bank's reputation.
Georgian Prime Minister Irakli Kobakhidze has claimed that the dispute between Bidzina Ivanishvili, founder of the ruling Georgian Dream party, and Credit Suisse is politically motivated rather than commercial. He pointed to a recent U.S. Treasury sanctions document as evidence, asserting that the conflict, rooted in events from 2008, has been mischaracterized and influenced by significant political factors. Kobakhidze noted the drastic decline in Credit Suisse's share value, suggesting a lack of genuine commercial interest in resolving the matter.
Protests erupted in Tbilisi, Georgia, over the government's suspension of EU accession talks, resulting in 44 people hospitalized. Demonstrators clashed with police, who used tear gas and water cannons, while officials condemned the protests and dismissed international criticism regarding democratic backsliding. President Salome Zourabichvili warned of a shift towards a "quasi-Russian" state under the ruling party, Georgian Dream, amid calls for new elections.
Bidzina Ivanishvili, Georgia's richest person and founder of the ruling party, warns voters against provoking Russia, framing the upcoming election as a battle to avoid conflict similar to Ukraine's. Despite a pro-Western past, his recent policies and rhetoric have shifted towards Russia, raising concerns about his influence over Georgia's political landscape. Many Georgians fear a return to war if the opposition gains power, reflecting deep divisions in the country’s approach to foreign relations.
Irakli Kobakhidze
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swiss banking system exploited for political blackmail against bidzina ivanishvili
United States Dollar
Credit Suisse High Yield Bond Fund, Inc.
Julius Bär Gruppe AG
CHE
Irakli Kobakhidze
Bidzina Ivanishvili
17:30 23.01.2025
credit suisse dispute revealed as political issue not commercial conflict
Credit Suisse High Yield Bond Fund, Inc.
CHE
Bidzina Ivanishvili
Mikheil Saakashvili
Irakli Kobakhidze
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16:00 30.12.2024
georgian pm claims credit suisse dispute is politically motivated not commercial
United States Dollar
Credit Suisse High Yield Bond Fund, Inc.
CHE
Bidzina Ivanishvili
Mikheil Saakashvili
Irakli Kobakhidze
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10:23 30.12.2024
protests erupt in georgia over suspension of eu accession talks
Euro
United States Dollar
Georgian Dream
European Parliament
U.S. State Department
GEO
Bidzina Ivanishvili
Irakli Kobakhidze
Kaja Kallas
Marta Kos
Salome Zourabichvili
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15:48 01.12.2024
Georgia's billionaire warns against escalating tensions with Russia in elections
Credit Suisse Anlagestiftung
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UKR
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Bidzina Ivanishvili
Natalie Sabanadze
Mikheil Saakashvili
Irakli Garibashvili
Irakli Kobakhidze
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18:34 22.10.2024
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