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Russian investigators now want American investor Michael Calvey moved to house arrest

Source: Meduza

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.

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