Contents tagged with Calvey
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US Ambassador to Russia intends to boycott St. Petersburg Economic Forum due to Michael Calvey's arrest
It is unlikely that US Ambassador to Moscow Jon Huntsman will attend the St. Petersburg Economic Forum while Michael Calvey, the head of the Baring Vostok investment fund, is under arrest in Russia, Andrea Callan, said the representative of the American diplomatic mission, as quoted by RBC.
“Ambassador Huntsman told business circles that it would be hard for him to attend the St. Petersburg International Economic Forum due to the arrest of Michael Calvey, an American investor charged in a …
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Baring Vostok asks Putin to intervene in Calvey case
In an open letter published on its website, Baring Vostok has asked Russian President Vladimir Putin to personally take control of the embezzlement case against the fund’s founder, Michael Calvey, and other fund members.
“In order to ensure a comprehensive, independent and objective investigation of this criminal case, we hereby ask that you take personal control of the criminal case that has been initiated against M. J. Calvey, V. L. Abgaryan, I. N. Zyuzin, P. Delpal, M. S. Vladimirov and A. …
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US accuses Russia of violating consular agreements in Calvey case
The arrest of Baring Vostok founder Michael Calvey, one of the largest American investors in the Russian economy, is well on its way to becoming an international scandal. The Basmanny Court of Moscow has placed Calvey in a pre-trial detention center for 2 months in connection with a corporate dispute.
According to the Russian news outlet RIA Novosti, the US Embassy to Moscow has accused Russia of violating bilateral consular conventions which stipulate that as a US citizen Calvey should …
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Former US ambassador urges American businessmen to leave Russia immediately
The arrest of the US citizen Michael Calvey, founder of Baring Vostok, the largest direct investment firm in Russia, should be perceived as a signal for all American businesses that continue to operate in Russia, believes Michael McFaul, former US ambassador to Moscow.
According to McFaul, the incident with Calvey, who has been sent to a pre-trial detention center for 2 months due to a corporate conflict surrounding Vostochny bank, shows that it’s time for Americans to close up shop in …