Ambassador Wilson’s Remarks to Media at Parliament (February 21)

Ambassador Wilson’s Remarks to Media at Parliament


Q-n about developments around TBC Bank 

Chargé d’affaires, Ambassador Wilson: I think we and other diplomats have been following the developments with some concern, because they have some implications for Georgia as a good place to do business.  I do not want to get into the specific individuals involved; but I will repeat we have highlighted the importance of how this issue gets resolved, the manner in which it is explained.  Both have, I think, some implications and I urge caution, as the authorities proceed.  To the extent of the legitimate bank regulatory or legal issues, of course, those should be dealt with; but the matter is a serious one that has broader implications.