Russian court rules to keep U.S. investor under house arrest: Ifax

MOSCOW (Reuters) – A court in Moscow ruled on Monday to keep U.S. investor Michael Calvey under house arrest until Oct. 13, Interfax news agency reported.

Calvey, founder of the Baring Vostok private equity group, was detained in February pending a trial on embezzlement charges. He denies wrongdoing and says the case is a way of pressuring him in a dispute over control of a Russian bank.

Reporting by Polina Devitt; writing by Tom Balmforth; editing by

Source link


leave a comment

Create Account

Log In Your Account