6 hours agoRussia sentenced American investor to prison
Periskopi(5 years ago)
(5 years ago)A court in Moscow has sentenced him to five and a half years in prison with who the American investor, Michael Calvey, one day after convicting him along with six other defendants for embezzlement in a high profile case, followed by interest by the international business community. Although he will not [...]
Although he will not spend time in prison, Calvey said Friday that the court's decision is <x0-faty and deeply unjust”, writes Free Europe.
“rracated with most cases, taking on parole is already a victory, but on the other hand, it's just cruel to be convicted of a crime that never occurred”, the American added.
Calvey had been detained in early 2019 and had been held two months in prison before being placed in house arrest and then released in the fall of last year.
Russian prosecutors accused the defendants of including Calvey of defrauding Vostochny Bank for 2.5 billion rubles or about $33 million.
The case began to be tried in early February, nearly two years after the initial detention of suspects. In this case, five Russians were sentenced on parole.
