https://sputnikglobe.com/20230324/us-investor-michael-calvey-sentenced-to-suspended-term-leaves-russia-1108744818.html
US Investor Michael Calvey Sentenced to Suspended Term Reportedly Leaves Russia
US Investor Michael Calvey Sentenced to Suspended Term Reportedly Leaves Russia
Sputnik International
US investor and Baring Vostok investment fund founder Michael Calvey, who was sentenced to a 5.5-year suspended term for embezzlement, has left Russia, a source told Sputnik on Friday.
2023-03-24T08:15+0000
2023-03-24T08:15+0000
2023-03-24T08:40+0000
baring vostok
michael calvey
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Calvey's lawyer later said that his client plans to return to Russia for the consideration of his complaint if he is granted a visa.Michael Calvey was taken into custody in 2019 along with other executives of the private equity firm, Baring Vostok. He was charged with embezzling 2.5 billion rubles (nearly $34 million) from Russia's Vostochny Bank. In 2021, a Moscow court handed Calvey a five-and-a-half-year suspended sentence. His business partner, French banker Philippe Delpal, was given a suspended sentence of four years and six months. According to sources, he also left Russia.
https://sputnikglobe.com/20190815/moscow-city-court-releases-baring-vostok-top-manager-delpal-on-house-arrest-1076557543.html
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baring vostok, michael calvey, michael calvey sentence, investment fund
baring vostok, michael calvey, michael calvey sentence, investment fund
US Investor Michael Calvey Sentenced to Suspended Term Reportedly Leaves Russia
08:15 GMT 24.03.2023 (Updated: 08:40 GMT 24.03.2023) MOSCOW (Sputnik) - US investor and Baring Vostok investment fund founder Michael Calvey, who was sentenced to a 5.5-year suspended term for embezzlement, has left Russia, a source told Sputnik on Friday.
Calvey's lawyer later said that his client plans to return to Russia for the consideration of his complaint if he is granted a visa.
Michael Calvey was taken into custody in 2019 along with other executives of the private equity firm, Baring Vostok. He was charged with embezzling 2.5 billion rubles (nearly $34 million) from Russia's Vostochny Bank.
15 August 2019, 11:55 GMT
In 2021, a Moscow court handed Calvey a five-and-a-half-year suspended sentence. His business partner, French banker Philippe Delpal, was given a suspended sentence of four years and six months. According to sources, he also left Russia.
