The Wall Street Journal (WSJ) reported on plans by US President Donald Trump's family, along with local partners, to build a 70-story Trump Tower in Tbilisi. According to the publication, the building is slated to be the tallest in the Georgian capital.
This news comes amid the ruling Georgian Dream party's desire to restore relations with the United States and establish a partnership with the Trump administration.
The Moscow City Court has upheld the decision of the Nikulinsky District Court to confiscate the assets of Vladimir Kayshev, the former chairman of the Karachay-Cherkessia government.
Key assets have been transferred to state ownership, including a dairy plant in Pyatigorsk, a company managing a local racetrack, the agricultural firm "Selo im. G.V. Kayshev," as well as real estate and vehicles in Stavropol Krai and the Moscow region.
Vladimir Kayshev, who is currently in pretrial detention, is accused of a number of crimes. These include the illegal acquisition of land, the theft of 142 million rubles in natural gas, extortion of a share in a mineral water bottling company worth 1.1 billion rubles, and the embezzlement of budget funds through the supply of counterfeit dairy products.