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TBC bank wins suit against Asaval-Dasavali newspaper

By Messenger Staff
Thursday, March 12
The Tbilisi City Court has partly met the suit of TBC Bank against the Georgian newspaper Asaval-Dasavali.

The bank sued against the newspaper for its “groundless and slanderous articles” against the bank and its head Mamuka Khazaradze.

The bank was demanding the refusal of the information released in the newspaper by Asaval-Dasavali and material compensation totaling 160,000 GEL.

The court satisfied the first demand, but rejected the second related to the compensation.

Both sides are going to appeal the verdict.

The newspaper does not intend to apologize for the materials and plans to appeal the verdict.

They state that the court decision violates freedom of expression, while TBC bank will demand monetary compensation at the Appellate Court.