The U.S. has imposed sanctions on Georgia’s former prime minister and billionaire Bidzina Ivanishvili, accusing him and the ruling party he founded of “undermining” the country’s “democratic and Euro-Atlantic future” to benefit Russia.

The United States has imposed financial sanctions on Bidzina Ivanishvili, the founder and honorary chairman of Georgia’s ruling political party, Georgian Dream. Ivanishvili, a former prime minister and a billionaire,

The United States on Friday sanctioned Georgian billionaire Bidzina Ivanishvili, a former prime minister widely seen as the country's de facto leader, saying he was undermining democracy and allowing Russia to benefit.