Court arrests Baring Vostok founder Michael Calvey
Moscow's Basmanny Court has remanded in custody the founder of the Baring Vostok investment fund, Michael Calvey , who was detained on suspicion of fraud . At the meeting, a representative of Vostochny Bank, recognized as the injured party in the case, spoke out in favor of Kalvi’s arrest. The day before, the court, having arrested the remaining five defendants in the case, extended Calvi's detention at the request of the defense.