Currency Exchange Office Owner Sentenced to 11 Years in $700 Mln Money Laundering Case

Tbilisi City Court sentenced Kakha Kotorashvili, a 49-year-old currency exchange office owner, to 11 years in prison after finding him guilty in a scheme of laundering an “unprecedented” amount of nearly 700 million U.S. dollars in 2022-2024. Judge Demetre Jinjolia delivered the verdict on June 11. Kotorashvili exercised his right to remain silent throughout the …

By Civil.ge