page_title: Panama Papers (Asia)
section_title: Georgia
hierarchical_section_title: Panama Papers (Asia) / Georgia
caption_attribution_description: Svenska: cropped version of file Bidzina Ivanishvili Senate of Poland.JPG
context_page_description: The Panama Papers are 11.5 million leaked documents that detail financial and attorney–client information for more than 214,488 offshore entities. The documents, some dating back to the 1970s, were created by, and taken from, Panamanian law firm and corporate service provider Mossack Fonseca, and were leaked in 2015 by an anonymous source.
  This page details related allegations, reactions, and investigations, in Asia.
context_section_description: Bidzina Ivanishvili became wealthy in Russia before returning to Georgia and becoming prime minister in 2012; his public official's asset declaration was 72 pages long. However, he does not list Lynden Management, a Mossack Fonseca company which held about 20% of the shares of Raptor Pharmaceuticals (which he did declare), a US-based company listed on the New York Stock Exchange. He refused for nearly four years to provide a copy of his passport and a proof of address to the law firm, which needed it to comply with money-laundering regulations as well as inquiries into the company by the Financial Investigation Agency of the British Virgin Islands.
  Forbes calculates Ivanishvili's net worth at $4.8 billion.
caption: Bidzina Ivanishvili, former Prime Minister of Georgia
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