Official Tbilisi Accuses Bank of Georgia of "Anti-Georgian Step"

The introduction of restrictions for Russian citizens by Bank of Georgia (BoG) is an anti-Georgian step, according to Vice Speaker of Parliament Ilia Injia. The latter is a member of the European Socialists party, known for its repeated calls for direct dialogue with Russia.

"There have been no such instructions from the state or the National Bank. The arbitrary decision by the bank is an anti-Georgian act that harms the Georgian economy," the MP said.

He said that he began to have some concerns a few days ago, when it became known that the American company BlackRock had acquired a 6.1% stake in Bank of Georgia. Thus, Injia supported the conspiracy theory of the Deep State popularized by Georgian Dream. Its essence boils down to the fact that through investments in large corporations (Apple, Microsoft, Google, Pfizer, etc.), BlackRock allegedly controls governments, media, and the global economy.

“A few days ago it became known that BlackRock acquired shares of the Bank of Georgia, and yesterday we learned that the bank restricted its Russian clients from spending money,” Indjia explained.

He called on the National Bank of Georgia to urgently demand clarification from BoG in connection with what happened.

The restrictions introduced by BoG in May concern Russian clients. They are prohibited from making payments for luxury goods worldwide in the amount of more than 300 euros, dollars, or pounds. As noted by the media, this is due to the current EU sanctions against the Russian Federation, introduced back in 2022.

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