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.