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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 proce...

The court will hold preliminary hearings into the case Michael Calvey© Valery Sharifulin/TASS MOSCOW, December 16. /TASS/. Moscow’s Meshchansky District Court will start hearing the embezzlement case against a founder of the Baring Vostok private equity firm, Michael Calvey, the court told TASS. Read also "The Meshchansky court will hold preliminary hearings into the case, to consider procedural issues and set the date when the case will be heard on merits," the court said. The defense team said it was preparing to file several requests during the session, but did not disclose their con...