The Investigation Service of the Ministry of Finance of Georgia has arrested the director of one of the companies, a Turkish citizen, for the deliberate tax evasion in a particularly large amount, while another director of the company, Bichiko Paikidze, a Georgian Dream MP from the Vani Sakrebulo, was charged in absentia with new charges.

As it became clear from a briefing held at the agency, the defendants were deliberately evading paying a particularly large amount of taxes to the state budget.

“Employees of the Investigation Service of the Ministry of Finance of Georgia, in coordination with the State Security Service and the Prosecutor General’s Office of Georgia, on September 25, 2025, based on a court ruling, detained one of the company’s managers, a Turkish citizen O.B., as a defendant, on the fact of intentional tax evasion in a particularly large amount, while another head, B.P., who has left the state border of Georgia, was charged in absentia and was declared a wanted person.

The investigation established that the company, registered in Tbilisi, had systematically participated in state tenders announced by the Ministry of Regional Development and Infrastructure of Georgia, Khashuri and Chkhorotsku municipalities, the United Water Supply Company of Georgia and JSC Georgian Oil and Gas Corporatio for years and had been performing shoreline reinforcement works throughout Georgia.

The company's declared turnover exceeds 17 million GEL. The company's management, in the process of carrying out its activities and while receiving millions of laris from budgetary organizations, systematically misdeclared the amounts payable to the budget, thereby deliberately avoiding paying a particularly large amount of taxes to the state budget.

As a result of the inspection, the payer was credited with 1,423,887.91 GEL in favor of the state budget, including 673,742 GEL in the form of basic taxes.

The investigation is underway under Article 218, Part two, Subparagraph "b" of the Criminal Code of Georgia, which provides for imprisonment for a term of 5 to 8 years.

The Investigation Service of the Ministry of Finance of Georgia will continue to implement a strict criminal law policy against crimes committed in the financial and economic sphere and calls on business entities to ensure timely payment of tax debts to the state budget," said Guga Tavberidze, Deputy Head of the Investigation Service Division.