Russian dispute which ensnared top U.S. investor Calvey eases

By Reuters

A Russian business dispute which ensnared prominent U.S investor Michael Calvey eased on Wednesday, a move that could lead to him being freed from house arrest. Calvey, founder of private equity group Baring Vostok, was detained along with other fund executives in February 2019 after state investigators accused them of embezzlement. Calvey, who denied the accusations, is currently due to remain under house arrest until Nov. 13.

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