Baring Vostok Founder Calvey Denies Involvement In Embezzling $37.5Mln - Investigators

Baring Vostok Founder Calvey Denies Involvement in Embezzling $37.5Mln - Investigators

Baring Vostok investment company founder Michael Calvey denied involvement in embezzling 2.5 billion rubles ($37.5 million), an investigator said Friday

MOSCOW (Pakistan Point News / Sputnik - 15th February, 2019) Baring Vostok investment company founder Michael Calvey denied involvement in embezzling 2.5 billion rubles ($37.5 million), an investigator said Friday.

"Mr. Calvey did not admit his involvement during the questioning, he was not charged," a Russian Investigative Committee representative said in Moscow's Basmanny court, asking to arrest the American until April 13.