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UK Court Hits Georgian Businessman Irakli Rukhadze with $170 Million Penalty in ‘Commercial Conspiracy’ Case

A UK court has ordered Georgian businessman Irakli Rukhadze to pay a staggering $170 million after ruling he was involved in a ‘commercial conspiracy’ — a decision that’s sending shockwaves through both Georgia and the UK.

A Landmark Legal Decision

The UK Supreme Court’s ruling against Rukhadze isn’t just about the money — it’s a major statement. For years, Rukhadze operated under the radar in the UK while allegedly pushing pro-Russian propaganda back in Georgia. Now, the court has put an end to that.

British MP James MacCleary didn’t hold back, calling the situation a “huge scandal.” He slammed Rukhadze’s unchecked activities and called for sanctions, saying, “Time to sanction Rukhadze and his oligarch boss Ivanishvili.”

Rukhadze, a staunch supporter of Georgia’s ruling Georgian Dream party, owns the influential pro-government TV channel Imedi. The station has consistently backed the government and avoided criticism — a stance that’s drawn increased scrutiny.

Ivanishvili’s Shadow Looms Large

Rukhadze’s downfall comes at a time when his close ally, Bidzina Ivanishvili, is facing mounting international pressure. Ivanishvili, the billionaire founder and honorary chairman of the Georgian Dream party, was hit with US sanctions in December 2024.

UK Supreme Court ruling

The US accused him of undermining democracy and fostering Russian influence in Georgia. Secretary of State Antony Blinken didn’t mince words, stating Ivanishvili’s actions were harmful to Georgia’s democratic aspirations.

MacCleary took the fight to the UK Parliament, pushing an Early Day Motion calling for sanctions against Ivanishvili too. The motion criticized Georgia’s democratic backslide and excessive force against peaceful protesters, placing blame squarely on Ivanishvili’s influence.

What’s Next for Rukhadze — and Georgia?

Rukhadze’s $170 million penalty raises big questions about his future — and the political landscape in Georgia. Will this ruling crack the Georgian Dream party’s grip on power? Will international pressure intensify?

For now, the court’s decision stands as a powerful symbol: unchecked influence and alleged propaganda efforts won’t go unnoticed. Whether that translates into further sanctions — and political fallout — remains to be seen.

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