The former head of the Co-Investment Fund, Giorgi Bachiashvili, has been detained, according to the State Security Service (SSS) of Georgia. According to official information, "on May 26, 2025, the SSS received an anonymous tip that Giorgi Bachiashvili, who holds dual citizenship of Georgia and the Russian Federation, was wanted under an Interpol red notice and was moving near the so-called green border section between Red Bridge and Sadakhlo." Bachiashvili was detained "as a result of investigative and operational search activities," the SSS stated. Bachiashvili's international group of lawyers claims that he was "forcibly returned" to Georgia. This is stated in a statement published by the lawyers. 

The lawyers believe that Bachiashvili may face torture after returning to Georgia. The Guardian published an interview with Bachiashvili the day before, in which he claimed that, according to intelligence services of two countries, an order had been issued to kill him. Bachiashvili's lawyer also warned of a threat to his life, citing intelligence data, and did not rule out that a possible murder could be part of a scenario to destabilize the situation in Georgia. Giorgi Bachiashvili secretly left Georgia, and his whereabouts were unknown. However, the media speculated that he was in the United Arab Emirates. The case against Giorgi Bachiashvili, the former head of the Co-Investment Fund founded by Bidzina Ivanishvili, was opened in 2023 based on Ivanishvili's statement. The prosecutor's office accused Bachiashvili of stealing cryptocurrency worth 39,215,820 US dollars. On July 6, 2023, the Tbilisi City Court imposed a preventive measure in the form of bail amounting to 2.5 million lari. In early March 2025, it became known that Giorgi Bachiashvili had left Georgia. 

The prosecutor's office placed Bachiashvili on the wanted list. On March 10, 2025, the Tbilisi City Court sentenced Giorgi Bachiashvili in absentia to 11 years in prison in the "cryptocurrency case." Ivanishvili's former associate was found guilty of both "embezzlement of large sums of money" and "legalization of illegal income," or money laundering. On May 1, the court ordered Bachiashvili to pay Bidzina Ivanishvili up to 9,000 bitcoins—their current value exceeds $850 million. Two additional criminal cases have been opened against Giorgi Bachiashvili: one for illegally crossing the border and another for failure to perform official duties in connection with the Mtkvari HPP project during his tenure as head of the Co-Investment Fund.