The Investigation Department of the Prosecutor General`s Office of Georgia, based on the statements of the executives of BitExchange LLC sent by the National Bank [NBG], initiated an investigation under Article 337 of the Criminal Code, which implies illegal participation in entrepreneurial activity by an official or a person equated to him.

According to the statements submitted to the NBG by the executives of Bitexchange LLC and the audio recordings attached to them, Nana Keinishvili, a member of the NBG`s Board, is involved in entrepreneurial activities and directly controls a network of enterprises regulated by the NBG, shares of which are registered in the names of her family members and persons affiliated with her. According to the same statements, Nana Keinishvili also attempted to acquire shares in an enterprise regulated by the NBG and thereby expand her own business activities.

It should be noted that according to the Law of Georgia on Combating Corruption, a public servant does not have the right to engage in entrepreneurial activity, and also according to the Organic Law of Georgia on the NBG, a member of the Board of the National Bank and his/her family members do not have the right to be a partner of a representative of the Georgian financial sector or a legal entity related to it.

Therefore, within the framework of the ongoing investigation, the circumstances of the possible illegal participation in the entrepreneurial activities of Nana Keinishvili and the public will be informed about the results of the investigation.