Support The Moscow Times!

Baring Vostok Asks Putin to Intervene in Case Against Top U.S. Investor

Keylight

Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to take a criminal investigation into its U.S. founder Michael Calvey and other executives under his personal control.

It made the request in an open letter to Putin posted on its website. There was no immediate comment from the Kremlin.

Prosecutors last week formally charged Calvey, the founder of Baring Vostok, and several other of its executives, with fraud after detaining them earlier this month.

Calvey and the others deny wrongdoing.

Baring Vostok said it was appealing to Putin because it wanted to ensure the case was investigated objectively.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.