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Baring Vostok’s Calvey believes court is delaying proceedings against him Instead of investing money in the Russian economy, time is being waisted on this process, Calvey said Michael Calvey© Sergei Karpukhin/TASS MOSCOW, March 3. /TASS/. Michael Calvey, the founder of the Baring Vostok private equity firm, believes that the Meshchansky court in Moscow is delaying the proceedings against him creating obstacles for investments in the Russian economy. Read also Calvey is a defendant in the case of embezzling 2.5 bln rubles of the Vostochny bank s loan funds. I have a feeling that process is being unreasonably delayed. Instead of investing money in the Russian economy, we are wasting time on this process, Calvey said at the end of a regular session at the Meshchansky court.

Krasnodarskiy krayMichael calveyAlexey kordichevPhilippe delpalIvan zyuzinSerzod yusupovPhilippe delpaleVagan abgaryanFirst collection bureauFirst collection bureau maxim vladimirovManagement board of norvik bankRussia investigative committeeRussia federal security serviceVostochny bankInvestigative committeeFederal security service