A Singapore court has slashed the damages Swiss UBS had to pay to Georgian billionaire Bidzina Ivanishvili by USD 282 million. The damages UBS will now have to pay Ivanishvili, have therefore gone down from $743 million to $461 million, Bloomberg reports. A few days before the Georgian parliamentary elections, Ivanishvili gave an interview to
Monday 13 October 2025
civil.ge/en - 12 month ago
UBS Wins $282 Million Cut in Damages Bill to Bidzina Ivanishvili
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