Baring Vostok

Tag: Baring Vostok

U.S. investor Calvey found guilty of $34 mln embezzlement

Moscow’s Meshchansky District Court on Thursday found U.S. investor Michael Calvey guilty of embezzling over 2.5 billion rubles (over $34 million) from Vostochny Bank.

16:00 05.08.2021

Sentencing of Michael Calvey, other defendants in Baring Vostok case adjourned

Sentencing of U.S. investor Michael Calvey and other defendants in a case over embezzlement of over 2.5 billion rubles (over $34 million) from Vostochny Bank on Monday was adjourned until August 5.

11:34 02.08.2021

Michael Calvey, other defendants in Baring Vostok case to be sentenced Aug. 2

U.S. investor Michael Calvey and other defendants in the 2.5 billion rubles ($34 million) embezzlement case will be sentenced on August 2.

12:38 19.07.2021

Restraining order extended against Baring Vostok embezzlement case defendants

Moscow’s Meshchansky District Court on Wednesday extended restraining order against Baring Vostok investment company's founder Michael Calvey and other defendants charged with embezzling over 2.5 billion rubles (about 34 million at the current exchange rate) from Vostochny bank.

15:00 02.06.2021

U.S. investor Calvey’s embezzlement case postponed once more

The Meshchansky District Court of Moscow on Monday again adjourned a case over embezzlement of 2.5 billion rubles against Baring Vostok investment company's founder Michael Calvey and other defendants.

13:41 28.12.2020

U.S. investor Calvey’s embezzlement case rescheduled for end of year

A 2.5-billion-ruble (about $40 million) embezzlement case against Baring Vostok investment company's founder Michael Calvey and other defendants has been postponed until December 28.

11:00 17.12.2020

Moscow court to proceed with U.S. investor Calvey’s case in mid-December

Moscow’s Meshchansky District Court will proceed with a 2.5-billion-ruble (about $40 million) embezzlement case against Baring Vostok investment company's founder Michael Calvey and other defendants in mid-December.

11:03 11.12.2020

U.S. investor Calvey, others involved in $40 mln embezzlement case freed from house arrest

The Supreme Court of Russia on Thursday changed a restrictive measure of Baring Vostok investment company's founder Michael Calvey and other defendants in a 2.5-billion-ruble (about $40 million) embezzlement case from house arrest to restraining order.

18:09 12.11.2020

Ombudsman Titov asks Prosecutor General to take Baring Vostok defense position into account

Russia’s Business Rights Commissioner Boris Titov asked Prosecutor General Igor Krasnov to note that investigators had rejected new documents submitted by defense in the Baring Vostok case.

12:38 20.10.2020

House arrest of U.S. investor Calvey prolonged for three months

House arrest of Baring Vostok investment company's founder Michael Calvey charged in a 2.5-billion-ruble (about $40 million) embezzlement case has been extended until November 13.

12:32 06.08.2020

Ruling on Vostochny bank stock sale upheld

The Sixth Commercial Court of Appeals has upheld refusal to reconsider upon newly discovered evidence a ruling ordering the Cypriot Evison Holdings Limited, through which Baring Vostok and Russia Partners investment funds control a batch of the Vostochny bank’s stock, to sell 9.99% of shares

11:28 03.06.2020

Russia’s Supreme Court upholds ruling in Vostochny bank stock dispute

The Supreme Court of Russian Federation has decided not to reconsider an appeals court ruling in a stock dispute between the Cypriot Evison Holdings Limited, through which Baring Vostok and Russia Partners investment funds control a batch of the Vostochny bank’s stock, and Finvision Holdings company.

13:31 27.05.2020

Three defendants in Baring Vostok case ordered to stay under house arrest till May

The Moscow City Court on Tuesday extended house arrest of three defendants in the Baring Vostok 2.5-billion-ruble (about $40 million) embezzlement case until May 13.

14:19 07.04.2020

Three defendants in Baring Vostok case put under house arrest

The Moscow City Court has released from detention and put under house arrest Baring Vostok partner Vagan Abgaryan, the bank’s Investment Director Ivan Zyuzin, CEO of a debt collection firm Maxim Vladimirov, involved in the 2.5-billion-ruble (about $40 million) embezzlement case.

17:50 12.02.2020

Moscow court extends house arrest of Calvey, Delpal for 3 months

The Moscow City Court has extended house arrest of Baring Vostok investment company's founder Michael Calvey and Baring Vostok partner for the financial industry sector Philippe Delpal involved in the 2.5-billion-ruble (about $40 million) embezzlement case until May 13.

18:25 10.02.2020

Detention extension order against three Baring Vostok case defendants vacated

The Moscow City Court on Wednesday overturned a court order extending detention of three defendants in the Baring Vostok case.

16:23 05.02.2020

Russian investigation into U.S. investor Calvey completed

The Investigation Committee of Russia has completed probe into Baring Vostok investment company's founder, U.S. citizen Michael Calvey, who stands charged with the 2.5-billion-ruble (about $40 million) embezzlement.

10:49 24.12.2019

Investigators move to arrest ex-Investment Manager of Vostochny bank

Investigators have asked the Moscow Basmanny District Court to arrest Alexander Tsakunov, the former Investor Manager of Vostochny bank in criminal case over grave embezzlement.

12:05 20.12.2019

U.S. investor Calvey’s appeal against asset seizure to be heard on December 4

The Moscow City Court will consider an appeal against seizure of assets belonging to Baring Vostok investment company's founder, U.S. citizen Michael Calvey, who stands charged with the 2.5-billion-ruble (about $40 million) embezzlement, on December 4.

12:37 25.11.2019

U.S. investor Calvey to be kept under house arrest in Moscow till mid-January

The Moscow City court on Tuesday dismissed an appeal against extension of house arrest of Baring Vostok investment company's founder, U.S. citizen Michael Calvey, who stands charged with the 2.5-billion-ruble (about $40 million) embezzlement, until January 13.

13:54 29.10.2019