The News in Brief
Thursday, January 16
By Liza Mchedlidze
Average living wage in Georgia is 326.8 GEL
According to a study held by the National Statistics Office of Georgia, in December 2019, the mini-mum wage was 194.8 GEL, the aver-age living wage of a family was 326.8.
According to official statistics, the minimum wage for 2019 was the highest in November - 195.6 for a working-age man and 328.1 for an average family. Since 2004, the National Statistics Office has been reporting minimum wage rates based on ‘the minimum food basket’ set by the 2003 Order of the Ministry of Labor, Health and Social Affairs.
Ombudsman’s report does not iden¬tify money laundering in Khazaradze-Japaridze case
In Tbilisi City Court, TBC bank co-founders Mamuka Khazaradze, Badri Japaridze and Avtandil Tsereteli’s de¬fence presented the ombuds¬man’s inference. According to lawyer Zviad Kordzadze, the inference reads that the ombudsman did not identify money laundering in the case.
According to the lawyer, the ombudsman has been studying the case for several months and has prepared 13-page report paper, according to which, “It is clear that the substantiation of the charges against Mamuka Khazaradze and Badri Japaridze does not comply with the conventional content, structure and specific purposes of the illicit income legalization.”
Ombudsman has published the friend of the court (Amicus Curiae) paper on the official website. According to the document, the case file does not contain the elements nec¬essary to make the action a criminal offense.
Tbilisi City Court is holding a trial of Mamuka Khazaradze and Badri Japaridze case since 2019. They are being charged for laundering 16 664 000 USD and businessman Avtandil Tsereteli for help¬ing the crime. Both Japaridze and Khazaradze deny money laundering.
Average living wage in Georgia is 326.8 GEL
According to a study held by the National Statistics Office of Georgia, in December 2019, the mini-mum wage was 194.8 GEL, the aver-age living wage of a family was 326.8.
According to official statistics, the minimum wage for 2019 was the highest in November - 195.6 for a working-age man and 328.1 for an average family. Since 2004, the National Statistics Office has been reporting minimum wage rates based on ‘the minimum food basket’ set by the 2003 Order of the Ministry of Labor, Health and Social Affairs.
Ombudsman’s report does not iden¬tify money laundering in Khazaradze-Japaridze case
In Tbilisi City Court, TBC bank co-founders Mamuka Khazaradze, Badri Japaridze and Avtandil Tsereteli’s de¬fence presented the ombuds¬man’s inference. According to lawyer Zviad Kordzadze, the inference reads that the ombudsman did not identify money laundering in the case.
According to the lawyer, the ombudsman has been studying the case for several months and has prepared 13-page report paper, according to which, “It is clear that the substantiation of the charges against Mamuka Khazaradze and Badri Japaridze does not comply with the conventional content, structure and specific purposes of the illicit income legalization.”
Ombudsman has published the friend of the court (Amicus Curiae) paper on the official website. According to the document, the case file does not contain the elements nec¬essary to make the action a criminal offense.
Tbilisi City Court is holding a trial of Mamuka Khazaradze and Badri Japaridze case since 2019. They are being charged for laundering 16 664 000 USD and businessman Avtandil Tsereteli for help¬ing the crime. Both Japaridze and Khazaradze deny money laundering.