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U.S. Founder Of Baring Vostok Denies Charges Of Wrongdoing In Russian Court

Credit: Wochit News
Published on February 15, 2019 - Duration: 00:36s

U.S. Founder Of Baring Vostok Denies Charges Of Wrongdoing In Russian Court

According to a report by Reuters, on Friday, the US founder of the Baring Vostok private equity group denied allegations of fraud and told a Moscow court that accusations against him were the result of a commercial dispute between his fund and Vostochny Bank.

Michael Calvey reportedly said that his fund was challenging suspicious transactions made by Vostochny Bank in a London court.

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