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TBC Bank files suit, requests abolition of administrative acts of National Bank

TBC Bank files suit, requests abolition of administrative acts of National Bank
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TBC Bank has filed a suit requesting the abolition of the National Bank's administrative acts, - the Bank's press office told InterPressNews.

"TBC Bank disagrees with the National Bank's position that the Bank violated the law regulating the conflict of interests in 2007-2008," the statement reads.

The move comes a day after the National Bank demanded resignation of the chairman and deputy chairman of the supervisory board of TBC Bank in connection with the transactions carried out in 2007-2008, during which.

Investigation into legalization of illegal income is ongoing in the Prosecutor’s office of Georgia in connection with the TBC Bank.

TBC Bank files suit, requests abolition of administrative acts of National Bank

TBC Bank has filed a suit requesting the abolition of the National Bank's administrative acts, - the Bank's press office told InterPressNews.

"TBC Bank disagrees with the National Bank's position that the Bank violated the law regulating the conflict of interests in 2007-2008," the statement reads.

The move comes a day after the National Bank demanded resignation of the chairman and deputy chairman of the supervisory board of TBC Bank in connection with the transactions carried out in 2007-2008, during which.

Investigation into legalization of illegal income is ongoing in the Prosecutor’s office of Georgia in connection with the TBC Bank.

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