A court has found Kakha Kotorashvili guilty of laundering illegal income amounting to $624 million and €35 million and sentenced him to 11 years in prison.

According to Radio Liberty, the verdict was announced on June 11 by Judge Demetre Jinjolia.

Kotorashvili’s lawyer, Edisher Karchava, said that the defense will appeal the City Court’s decision to the Court of Appeals.

“All I can say is that my client disagrees with the verdict, and we will appeal the case to the Court of Appeals within the timeframe established by law,” the lawyer told Radio Liberty.

Kakha Kotorashvili was arrested on September 16, 2025.

According to the Prosecutor’s Office, between 2022 and 2024, a specific group allegedly used a currency exchange office as a front to channel cash brought into the country outside customs controls through banks as “lawful income” and then place it into economic circulation.