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Russian Supreme Court releases American investor Michael Calvey from house arrest
Michael Calvey and his business associates suspected of embezzlement have been released from house arrest following the court decision. The trial has also been moved to Moscow on requests from both the defense and the prosecution.
The American businessman and several other people were arrested in February 2019 on suspicion of embezzling 2.5 billion rubles ($36 million) from Russia's Vostochny Bank. He and other suspects insisted that the case against him was fabricated.
On Thursday, Russia’s Supreme Court ruled that Calvey and others pose no flight risk and may be released from house arrest. A request to ease his pre-trial conditions of living was denied earlier in June by a Moscow city court. Calvey’s defence team said he needed more freedom to arrange medical treatment for cancer, which was diagnosed after his initial arrest.
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Also on rt.com Russian court keeps American investor Michael Calvey under house arrest despite cancer diagnosis
