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Bank of Georgia Responds to Defamatory Information

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Recently, certain groups have been deliberately disseminating false information in the public space, claiming that criminal investigations are being initiated against Archil Gachechiladze in either the United Kingdom or Georgia. According to publicly circulated reports, these false and defamatory claims are linked to the British-Georgian Academy and the British International School of Tbilisi. Lion Finance Group PLC, Bank of Georgia, and Archil Gachechiladze categorically deny every false and defamatory allegation contained in these reports: It is entirely false that any criminal investigation has been initiated against the Group, the Bank, or Archil Gachechiladze in Georgia or the United Kingdom. We confirm that there are no ongoing investigations or legal disputes regarding this matter involving the Group, the Bank, or Archil Gachechiladze. Neither the companies nor Archil Gachechiladze have any connection to the individuals mentioned in the allegations. Neither he nor any member of the companies' governing bodies has ever had any involvement in the matters concerning the schools mentioned in the circulated reports. Such information is part of a discreditation campaign directed against the Group, the Bank, and Archil Gachechiladze. It constitutes a serious violation of legal, professional, and ethical standards, including defamation, the intentional spread of misinformation, and harassment.

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Nino Chanturia Author

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image Traffic restricted on Chovelidze, Zandukeli Streets due to reconstruction works at Rustaveli Avenue

04.11.2026.19:06

Traffic has been temporarily restricted on Chovelidze and Zandukeli Streets due to reconstruction work on Rustaveli Avenue.

According to Tbilisi City Hall, from 00:00 on November 5 to 00:00 on November 9, vehicles will be restricted from turning left onto Tamar Chovelidze Street from Merab Kostava Street (from the direction of the “Rustaveli” metro station). Minibuses #408 and 420 will be redirected to Iakob Nikoladze Street and Petre Melikishvili Avenue.

Also, from 00:00 on November 5 for 15 days, traffic wil be restricted towards Brothers Kakabadzes and Mikheil Zandukeli Streets from Mikheil Javakhishvili Street.

During the restriction period, access to Zandukeli Street will be possible by making a turn onto Javakhishvili Street, then proceeding via Merab Kostava Street, Niko Nikoladze Street, and Petre Melikishvili Avenue, in the direction of Tamar Chovelidze Street.

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