CS Victims: Former Prime Minister of Georgia, Bidzina Ivanishvili, alleges political pressure in legal dispute with Credit Suisse
For several months, Mr. Ivanishvili and his representatives have avoided commenting on the case due to Credit Suisse instigating negotiations.
- For several months, Mr. Ivanishvili and his representatives have avoided commenting on the case due to Credit Suisse instigating negotiations.
- These funds are unconnected to the ongoing legal disputes in Switzerland, Bermuda and Singapore, but relate to the amounts that survived the mismanagement and fraud at Credit Suisse.
- The said assets were and are managed through two trusts, financial structures which were recommended to Mr. Ivanishvili by Credit Suisse.
- Moreover, Credit Suisse had restricted access to the residual funds withdrawn from the Bank but remaining under the management of trustees appointed by Credit Suisse.