Saakashvili Says Russia Allegedly Purchases Georgian Banks

RIA Novosti
Tuesday 26th February, 2013

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 in…

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