Ivanishvili's commissioned articles - according to the oligarch, after the war in Ukraine, he is a victim of pressure and does not receive money money from Credit Suisse

Bidzina Ivanishvili accuses Credit Suisse of applying political pressure and de facto sanctions - the commissioned statement is distributed by the PR agencies that publish letters similar to the oligarch.

All media outlets, which circulate the mentioned statement, emphasize that it is not a journalistic product, but is a material distributed by a PR agency.

There is nothing new in the content of the letter, it is clear that the oligarch still cannot get his hands on the money kept in the trusts established by Credit Suisse.

Formally, Ivanishvili transferred his money to another bank, but the credit Suisse trusts are still the ones who dispose of the money.

At the same time, the legal dispute with the Swiss bank regarding the damage caused to Ivanishvili continues. The billionaire claims that since the beginning of the war in Ukraine, he is a victim of political pressure and is not being given his money.

"After the start of the military conflict in Ukraine in February 2022, the protracted dispute with Credit Suisse soon went beyond the legal scope and took on a political dimension. Within weeks, Mr. Ivanishvili faced problems both with access to funds and with receiving the artworks and the plane. Although some issues Resolved with great legal effort, major issues such as access to the funds remain in place and are treated as informal sanctions. These funds are not related to ongoing legal disputes in Switzerland, Bermuda and Singapore, but relate to funds that escaped Credit Suisse's mismanagement and fraud. The majority of these funds were transferred to another Swiss bank, but approximately 5% remained on a formal request to ensure the effectiveness of ongoing disputes at Credit Suisse." said the letter.