Irakli Kobakhidze says that it is unfortunate that the once famous Swiss banking system – which was known for its dependability – is now used for political blackmail. This undermines the Swiss banks themselves  

**Swiss Banks Used for Political Blackmail**

The Swiss banking system, once known for being very reliable, is now being used for political blackmail. This is damaging the reputation of the banks themselves.

This was said by Irakli Kobakhidze, a high-ranking official in Georgia. He thinks that using the banking system in this way will ultimately hurt the banks.

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