TBILISI, February 27 (RIA Novosti) - Georgia’s President Mikheil Saakashvili said that Russia was allegedly buying out Georgian banks, including one of the country’s largest banks, Liberty Bank.
Speaking at a press briefing on Tuesday night, Saakashvili said that Liberty Bank was purchased by Russia’s largest lender Sberbank, while two more Russian banks, namely Alfa-Bank and Gazprombank, eyed other Georgian banks.
Director General of Liberty Bank Lado Gurgenidze, however, denied later that his bank was purchased by Russia’s Sberbank.
“I want to point out that the information is not true. We had talks with the Russian bank neither in the past, nor at the moment,” Gurgenidze wrote in his Facebook account.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Yury Gagarin: A down-to-earth person
Infographics: The Linguistic Diversity of the Planet
During Vladimir Putin’s annual Q&A session some members of the Valdai International Discussion Club asked him several questions. How united is the West in its desire to punish Russia? Which EU countries are in favour of isolating Russia? Is this even possible? And what is going on in Ukraine?