Russian investigators now want American investor Michael Calvey moved to house arrest
Russia’s Federal Investigative Committee has asked a Moscow court to transfer American investor Michael Calvey and former Vostochny Bank chairman Alexey Kordichev from pretrial detention to house arrest, a spokesperson for the Basmanny District Court told the news agency Interfax. The two men have been jailed since mid-February on charges of fraudulent debt repayment. Another four suspects in the investigation are also being jailed.
On April 9, Moscow’s Basmanny District Court extended the arrest of another suspect in the case, French national and Baring Vostok partner Philippe Delpal, until mid-July.
Meduza survived 2024 thanks to its readers!
Let’s stick together for 2025.
The world is at a crossroads today, and quality journalism will help shape the decades to come. Real stories must be told at any cost. Please support Meduza by signing up for a recurring donation.