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Bidzina Ivanishvili

All articles tagged with #bidzina ivanishvili

politics2 hours ago•118 min saved

Trump Tower Tbilisi Draws Scrutiny Over Russian-Oligarch Ties

Eric and Donald Trump Jr.’s Trump Tower Tbilisi project in Georgia is tied to a Georgian oligarch with Kremlin links and to a broader circle of financiers tied to sanctioned Russia-connected figures, including Bidzina Ivanishvili. The deal involves offshore entities and partners such as Biograpi Living that deny direct involvement, prompting questions about Kremlin money and influence behind the Trump Organization’s international ventures.

via The Daily Beast|

#bidzina-ivanishvili #georgia #politics

politics2 years ago•0 min saved

"Georgia's New PM, Irakli Kobakhidze, Brings Shift in Leadership Amidst Election Preparations"

Georgia's Prime Minister Irakli Garibashvili has resigned, following the return of billionaire Bidzina Ivanishvili to the ruling Georgian Dream party. This comes amid political turmoil, including the failure to impeach the president and a far-right mob hunting a woman for defacing a Stalin icon in a Georgian church.

via POLITICO Europe|

#bidzina-ivanishvili #georgia #georgian-dream-party

finance3 years ago•1 min saved

Credit Suisse faces legal setbacks in high-profile cases.

Credit Suisse's appeal against a Bermuda court ruling involving its local life insurance arm and Georgia's former Prime Minister Bidzina Ivanishvili has been largely dismissed. The court had ruled in March that Ivanishvili and his family were due damages of over $600m as a result of a long-running fraud committed by a former Credit Suisse adviser. Credit Suisse intends to appeal the ruling to the privy council.

via AOL|

#bermuda #bidzina-ivanishvili #credit-suisse

finance3 years ago•3 min saved

Credit Suisse to pay Georgian billionaire $926 million in fraud case.

Credit Suisse has been ordered by a Singapore court to pay $926m to Georgia's former prime minister, Bidzina Ivanishvili, for losing part of his fortune. The court ruled that a unit of Credit Suisse had not acted in good faith and neglected to keep Ivanishvili's assets safe. Credit Suisse immediately said it would appeal the decision. The bank is also appealing against another judgment related to its management of Ivanishvili's assets.

via Reuters|

#appeal #bidzina-ivanishvili #credit-suisse