MOSCOW, February 15 (RAPSI) – Investigators on Friday filed a motion with Moscow’s Basmanny District Court demanding to place the founder of Baring Vostok investment company Michael Calvey suspected of large-scale fraud, RAPSI was told in the court’s press service.
The Investigative Committee is also seeking detention for several other persons including the company’s partners Vagan Abgaryan and Philippe Delpal, Baring Vostok Investment Director Ivan Zyuzin, Maxim Vladimirov and ex- chairman of Vostochny bank board Alexey Kordichev.
The court will consider the motion soon, according to a court representative.
Baring Vostok company founded by Calvey in 1994 focuses on private equity investments in the CIS and Russia. The company has invested in shares of Yandex, Vkusvill, Tinkoff Bank and other major projects.
