Georgian authorities confiscate $200mn worth of radioactive uranium

By bne IntelliNews April 19, 2016

The Georgian State Security Service has arrested three Georgian and three Armenian citizens for trying to sell radioactive Uranium-238, according to The six wanted to sell the radioactive material worth $200mn in Tbilisi, where they were detained on April 16.

Such criminal cases are extremely rare in Georgia, although three men were arrested in January over attempts to sell radioactive Caesium-137. No connections with foreign governments or individuals have been made. It is unclear how the six were able to enrich such a large amount of uranium, or where they purchased it. The lawyers of one of those detained has said that his client is denying the charges.

Related Articles

Saakashvili sentenced in absentia by Georgian court to 3 years in jail

A Georgian court sentenced former president Mikheil Saakashvili in absentia to three years in prison on January 5 over his alleged involvement in the covering up of the murder of a Georgian banker in ... more

Separatist South Ossetia votes in 2018 budget to be financed by Russia

The parliament of the separatist region of South Ossetia voted in its 2018 budget draft on December 19, according to Thus, 86% of the RUB7.67bn ($130.8mn) projected in revenues is to ... more

Agreements with Armenia highlight of uneventful EU Eastern Partnership summit

The EU and Armenia signed a comprehensive and advanced partnership agreement and a common aviation area agreement at the Eastern Partnership summit on November 24, according to an ... more