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 civil.ge. 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.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Armenia gives preliminary consent to purchase of Ameriabank by Bank of Georgia

The Central Bank of Armenia's Board has preliminarily approved the acquisition of a significant stake in Ameriabank CJSC by Bank of Georgia Group PLC (BOGG) and Bank of Georgia JSC, according ... more

TBC Bank reports 2023 profit up 14% y/y to GEL1.14 billion

In 4Q 2023, TBC Bank made a profit of GEL291 million, representing a 30% YoY increase, with a return on equity (ROE) at 25%, according to unaudited preliminary consolidated financial ... more

Over one-third of Georgian pensioners turn to loans

In Georgia, more than a third of pensioners and social benefit recipients, totalling 354,000 individuals, have opted for pension loans, according to a report submitted ... more

Follow Us On

Most Read

  1. Shocking trial of ex-minister has shifted domestic violence attitudes in Kazakhstan, says brother
    5 days ago
  2. RAGOZIN: Exhausting Russia, strategies and fantasies
    4 days ago
  3. Russia is producing weapons at a record pace, and Ukraine’s partners are trying to increase support for Kyiv
    6 days ago
  4. Live fish fall from the sky in Central Iran - video
    2 days ago
  5. COMMENT: Aliyev continues to block the chance of peace in the South Caucasus
    8 days ago
  1. Albanians campaign on social media to keep bus bridge created in freak accident
    2 years ago
  2. Saudi Arabia to scale back plans for Neom city
    27 days ago
  3. Iran vs Israel: Who is better equipped for war?
    24 days ago
  4. Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
    28 days ago
  5. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    20 days ago

Reports

Dismiss