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Russian court extends house arrest of US investor Calvey until May 13

Russian court extends house arrest of US investor Calvey until May 13

A Moscow court ruled on Monday to extend until May 13 the house arrest of US investor Michael Calvey, an executive at private equity group Baring Vostok, TASS reported. Calvey is facing charges of embezzlement in Russia.

The court also ruled to extend the house arrest of Calvey’s French colleague Phillipe Delpal until the same date.

The executives, who were detained in February 2019, deny any wrongdoing.

They had asked the court to mitigate the preventive measure, to be allowed to take walks or to release them on bail, but the court refused to grant their request.