Bidzina Ivanishvili is already a leper
Posted: Mon Jan 06, 2025 3:55 am
According to financier Giga Bedineishvili, even though the sanctions imposed on Bidzina Ivanishvili by the US do not yet apply to the companies owned by him and his family, he may face problems in a number of areas when doing business.
As Bedineishvili told BMG, due to the risk of additional sanctions, European banks may also refuse to provide services to Ivanishvili. Also, a number of business entities or partners may refuse to continue any kind of relationship with Bidzina Ivanishvili.
According to the financier, if the Georgian Dream party continues Canada business fax list its current policies and anti-Western actions, the US financial sanctions against the party's founder and honorary chairman will become more severe.
“The US has imposed financial sanctions on Bidzina Ivanishvili with exceptions, which means that he has been allowed to operate in Georgia. The intention behind this is that since Ivanishvili is a significant player in the Georgian economy, he would not have a major impact on the country’s economy. However, these sanctions have the potential to become more severe. Ivanishvili is effectively being told that if he doesn’t behave properly now and continues with this madness, then the sanctions will become more severe.
"As far as I understand, with these sanctions, Ivanishvili will no longer have accounts in American banks, and American companies are also prohibited from doing business with him. This does not apply to Europe yet, although it will be very difficult for Ivanishvili to maintain accounts in European banks, or to communicate with the directors of his trusts in offshore zones. Everyone will be scared,
As Bedineishvili told BMG, due to the risk of additional sanctions, European banks may also refuse to provide services to Ivanishvili. Also, a number of business entities or partners may refuse to continue any kind of relationship with Bidzina Ivanishvili.
According to the financier, if the Georgian Dream party continues Canada business fax list its current policies and anti-Western actions, the US financial sanctions against the party's founder and honorary chairman will become more severe.
“The US has imposed financial sanctions on Bidzina Ivanishvili with exceptions, which means that he has been allowed to operate in Georgia. The intention behind this is that since Ivanishvili is a significant player in the Georgian economy, he would not have a major impact on the country’s economy. However, these sanctions have the potential to become more severe. Ivanishvili is effectively being told that if he doesn’t behave properly now and continues with this madness, then the sanctions will become more severe.
"As far as I understand, with these sanctions, Ivanishvili will no longer have accounts in American banks, and American companies are also prohibited from doing business with him. This does not apply to Europe yet, although it will be very difficult for Ivanishvili to maintain accounts in European banks, or to communicate with the directors of his trusts in offshore zones. Everyone will be scared,