Credit Suisse Has Paid Georgian Billionaire $210 Million

  • Bank says it paid sum “over time” for the proceedings
  • Rogue banker Patrice Lescaudron was convicted in 2018
Bidzina IvanishviliPhotographer: Daro Sulakauri/Bloomberg
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Credit Suisse Group AG says it has paid $210 million to date to billionaire Bidzina Ivanishvili in a long-running legal saga.

The bank has paid in the sum “over time for the proceedings across all the plaintiff’s accounts,” a spokesperson for the Swiss lender said by email.