Prosecutor's Office launches investigation against Nana Qeinishvili, a member of the National Bank's Board
The Prosecutor General's Office of Georgia has initiated an investigation against Nana Qeinishvili, a member of the National Bank's Board.
According to a statement released by the Prosecutor's Office, the investigation was launched under the article concerning illegal participation in entrepreneurial activity by a public official or a person of equivalent status.
The Prosecutor's Office reports that the investigation was initiated based on statements from the executives of Bitexchange LLC, which were forwarded by the National Bank.
"An investigation has been launched within the Investigative Division of the Prosecutor General's Office of Georgia—based on statements from the executives of Bitexchange LLC forwarded by the National Bank—under Article 337 of the Criminal Code, which pertains to illegal participation in entrepreneurial activity by a public official or a person of equivalent status." According to statements and accompanying audio recordings submitted to the National Bank of Georgia by the executives of Bitexchange LLC, Nana Keinishvili—a member of the National Bank’s Board—is engaged in entrepreneurial activity and directly controls a network of enterprises subject to National Bank regulation, with ownership stakes registered in the names of her family members and affiliated individuals. These statements further indicate that Nana Keinishvili sought to acquire a stake in an enterprise regulated by the National Bank, thereby aiming to expand her own business operations.
It should be noted that, under the Law of Georgia "On Combating Corruption," a public official is prohibited from engaging in entrepreneurial activity; furthermore, the Organic Law of Georgia "On the National Bank of Georgia" stipulates that neither a member of the National Bank’s Board nor their family members may be partners in an entity representing Georgia’s financial sector or in a legal entity affiliated with such an entity.
The public will be additionally informed about the results of the investigation," reads the statement.
