Cryptocurrency Scandal: Arrest of Georgia's Ex-Aide Unravels Political Tensions
Giorgi Bachiashvili, a former aide to Georgia's de facto leader Bidzina Ivanishvili, was arrested for embezzling over $800 million in cryptocurrency. Bachiashvili, sentenced in absentia, claims political motivation and denies wrongdoing. The case highlights Georgia's shifting political landscape amid international scrutiny and domestic opposition.
In a dramatic turn of events, Georgian authorities have apprehended Giorgi Bachiashvili, an ex-aide accused of embezzling cryptocurrency worth over $800 million from Georgia's unofficial leader Bidzina Ivanishvili.
Bachiashvili, who fled earlier this year, was captured near the borders with Armenia and Azerbaijan following an anonymous tip-off. Once Ivanishvili's confidant, Bachiashvili has been sentenced in absentia to 11 years in prison, a judgment he dismisses as politically charged.
The case underscores Georgia's turbulent political atmosphere, with some calling it a move against dissenters. Bachiashvili's arrest is seen amid allegations of forced repatriation and potential torture risks, a claim vehemently denied by his legal team.
(With inputs from agencies.)
ALSO READ
Congress Alleges House Arrests Amid Haryana Assembly's MGNREGA Stir
House Arrest Allegations Stir Political Storm in Haryana
Political Tensions Rise Over Nehru Statue Demolition in Assam
Fruits of Danger: Vendors Arrested for Poisoning Produce
Parliamentary Affairs Ministry to Lead Discussions Amidst Political Tensions

