The name of the young man who has broken into JSC Microfinance Organization Micro Business Capital on Tsereteli Avenue is Levan Zurabishvili. He has recently started live-streaming on social media; however, the live-streaming was suddenly stopped, and he asked a hostage to help him live-stream again.
The gunman's requirements are as follows: the abolishment of gambling, reduction of loan interest rates to 7 percent, and reduction of prescription drug costs.
Stores and other commercial facilities have been closed on Tsereteli Avenue for security reasons as the special operation is underway in JSC Microfinance Organization Micro Business Capital.
Residents have also been evacuated from the building in which the microfinance organization carries out its operations.
The MIA says that the gunman has taken nine hostages. Vazha Siradze, the head of the Interior Ministry's Patrol Police Department, has recently released the information.