Partskhaladze is considered close to the founder of the ruling party Georgian Dream and de facto country's leader, Bidzina Ivanishvili. He has been sanctioned buy Ukraine because of that.
However, the United States has leveled more significant accusations against Partskhaladze, calling him a "Russian oligarch of Georgian origin" and accusing him of working for the Russian FSB, influencing "Georgian society and politics in favour of Russia."
US sanctions require freezing the assets of the former Georgian Prosecutor General, banning him from banking services in Georgia, and revoking his Georgian citizenship (dual citizenship with Russia is prohibited in the country).
The National Bank of Georgia decided to defy the United States. They adopted a decision stating that for international sanctions to be imposed on Georgian citizens, a verdict from a Georgian court confirming the validity of these accusations is necessary.
Protesting against this decision, several top managers of the National Bank, including two deputy heads, resigned.
However, the most significant sensation was the decision of commercial banks. They declared to adhere to US sanctions even without the National Bank's order (even a bank owned by Bidzina Ivanishvili expressed support for this decision).
This move by financial institutions essentially saved Georgia from falling under sanctions.
Although the Georgian government managed to shift responsibility to the president, strategically, it suffered a clear defeat. Tbilisi not only worsened its relations with Washington but also demonstrated its readiness to disregard national interests when it comes to the inner circle of Ivanishvili.
It is difficult to imagine how Georgian Dream will act if the party's founder himself falls under sanctions.
It appears that Tbilisi is beginning to prepare for such a scenario.
They are preparing for the scenario of the European Commission denying EU candidate status. The relevant decision is expected to be announced by the end of October. It is highly likely that Georgia will not obtain it.
In response, the State Security Service announced they had exposed a plan with a "Ukrainian trace" to overthrow the government. According to their information, "organisers are considering the possibility of implementing a scenario in Georgia similar to the Ukrainian Euromaidan of 2014."
Either way, official Tbilisi is moving closer to a loud conflict with the West, which could result in a complete reassessment of relations.
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